https://www.taxtmi.com/caselaws?id=93651 A pre-deposit made as a condition for hearing an excise appeal, and linked to that appeal in the challan, loses its basis once the penalty is set aside. The amount is then refundable to the person who made it or on whose behalf it was deposited, and the department cannot treat it as a company refund or adjust it against other liabilities under the general adjustment provision. If refund is not made within three months from the final appellate order, delayed payment attracts statutory interest from the due date until refund. en-us Fri, 23 Jun 2000 00:00:00 +0530 Mon, 14 Nov 2011 18:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=93651 A pre-deposit made as a condition for hearing an excise appeal, and linked to that appeal in the challan, loses its basis once the penalty is set aside. The amount is then refundable to the person who made it or on whose behalf it was deposited, and the department cannot treat it as a company refund or adjust it against other liabilities under the general adjustment provision. If refund is not made within three months from the final appellate order, delayed payment attracts statutory interest from the due date until refund. Case-Laws Central Excise Fri, 23 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=93651