https://www.taxtmi.com/caselaws?id=206288 The Court held that adjusting a refund towards a mere claim for interest without prior adjudication is impermissible. The revenue's attempt to seek interest for belated duty payments dating back several years was deemed baseless and unjustifiable. The Court ruled in favor of the assessee, awarding them the cost of proceedings and directing the appellant to pay a specified amount within a set timeframe. The judgment reinforces legal principles on refund adjustments, interprets statutory provisions, and supports the assessee's entitlement to refunds while penalizing unfounded revenue claims. en-us Thu, 03 Mar 2011 00:00:00 +0530 Sun, 23 Oct 2011 21:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206288 The Court held that adjusting a refund towards a mere claim for interest without prior adjudication is impermissible. The revenue's attempt to seek interest for belated duty payments dating back several years was deemed baseless and unjustifiable. The Court ruled in favor of the assessee, awarding them the cost of proceedings and directing the appellant to pay a specified amount within a set timeframe. The judgment reinforces legal principles on refund adjustments, interprets statutory provisions, and supports the assessee's entitlement to refunds while penalizing unfounded revenue claims. Case-Laws Central Excise Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206288