https://www.taxtmi.com/caselaws?id=326684 The High Court upheld the Tribunal's decision in favor of the assessee, ruling that the Department could not challenge the Tribunal's findings on interest demand for the unpaid duty when the assessee had sufficient credit in their account. Additionally, the Court cited legal precedent to support its decision that interest was not payable as the Department had excess funds available for adjustment. The Court criticized the Department's demand for interest despite the availability of credit, ultimately dismissing the appeals in favor of the assessee. en-us Fri, 18 Mar 2016 00:00:00 +0530 Sat, 01 Apr 2017 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326684 The High Court upheld the Tribunal's decision in favor of the assessee, ruling that the Department could not challenge the Tribunal's findings on interest demand for the unpaid duty when the assessee had sufficient credit in their account. Additionally, the Court cited legal precedent to support its decision that interest was not payable as the Department had excess funds available for adjustment. The Court criticized the Department's demand for interest despite the availability of credit, ultimately dismissing the appeals in favor of the assessee. Case-Laws Central Excise Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326684