https://www.taxtmi.com/caselaws?id=123885 The Tribunal upheld the Commissioner (Appeals) decision to apply a 6% interest rate, as per Notification No. 67/2003-C.E., on a refunded duty deposit of Rs. 3,41,625/-. The appellant's argument for a higher rate was dismissed, emphasizing the applicability of the specified rate under Section 35F of the Central Excise Act. The judgment underscores the necessity of complying with statutory provisions and notifications regarding duty deposits and interest rates. en-us Mon, 03 Dec 2007 00:00:00 +0530 Fri, 21 Sep 2012 16:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123885 The Tribunal upheld the Commissioner (Appeals) decision to apply a 6% interest rate, as per Notification No. 67/2003-C.E., on a refunded duty deposit of Rs. 3,41,625/-. The appellant's argument for a higher rate was dismissed, emphasizing the applicability of the specified rate under Section 35F of the Central Excise Act. The judgment underscores the necessity of complying with statutory provisions and notifications regarding duty deposits and interest rates. Case-Laws Central Excise Mon, 03 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123885