https://www.taxtmi.com/caselaws?id=325622 The Tribunal ruled in favor of M/s SHPL, granting a refund of Rs. 11 lakhs along with interest. The deposit made during the investigation was considered a pre-deposit, leading to the refund being deemed due after the Order-in-Original was set aside. The Tribunal aligned with its decision in M/s Interscape's case, emphasizing that interest should accrue on refunds for pre-deposits. The Revenue's arguments regarding the timeliness and procedural correctness of the refund claim were dismissed, upholding M/s SHPL's entitlement to the refund and interest. en-us Wed, 13 Jan 2016 00:00:00 +0530 Wed, 02 Nov 2016 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325622 The Tribunal ruled in favor of M/s SHPL, granting a refund of Rs. 11 lakhs along with interest. The deposit made during the investigation was considered a pre-deposit, leading to the refund being deemed due after the Order-in-Original was set aside. The Tribunal aligned with its decision in M/s Interscape's case, emphasizing that interest should accrue on refunds for pre-deposits. The Revenue's arguments regarding the timeliness and procedural correctness of the refund claim were dismissed, upholding M/s SHPL's entitlement to the refund and interest. Case-Laws Central Excise Wed, 13 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325622