https://www.taxtmi.com/caselaws?id=213171 The Court held that the petitioner was entitled to interest at 12% per annum on the deposits made, based on the High Court's order and principles of restitution and equity. The show cause notice and the Board's decision were quashed, and the respondents were directed to pay interest at 12% per annum on the refunded amounts of deposits. However, the claim for further interest at 24% per annum on the amount of interest was rejected, with the Court advising the petitioner to pursue ordinary civil remedies for this claim. en-us Tue, 14 Jun 2011 00:00:00 +0530 Tue, 24 Apr 2012 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213171 The Court held that the petitioner was entitled to interest at 12% per annum on the deposits made, based on the High Court's order and principles of restitution and equity. The show cause notice and the Board's decision were quashed, and the respondents were directed to pay interest at 12% per annum on the refunded amounts of deposits. However, the claim for further interest at 24% per annum on the amount of interest was rejected, with the Court advising the petitioner to pursue ordinary civil remedies for this claim. Case-Laws Central Excise Tue, 14 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213171