https://www.taxtmi.com/caselaws?id=333593 The Tribunal ruled in favor of the appellant, allowing the appeal for the payment of interest on delayed refund of pre-deposit made following a stay order. The Tribunal held that interest should be paid as per the CBEC Circular and consistent decisions by CESTAT and Superior Courts. The Tribunal found the first appellate authority's observations unsustainable and directed payment of interest on delayed refund. The Tribunal also emphasized that the Revenue should have filed an appeal if aggrieved by the first appellate authority's decision and rejected the department's ability to open a new case before the second appellate authority. en-us Thu, 15 Sep 2016 00:00:00 +0530 Mon, 21 Aug 2017 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333593 The Tribunal ruled in favor of the appellant, allowing the appeal for the payment of interest on delayed refund of pre-deposit made following a stay order. The Tribunal held that interest should be paid as per the CBEC Circular and consistent decisions by CESTAT and Superior Courts. The Tribunal found the first appellate authority's observations unsustainable and directed payment of interest on delayed refund. The Tribunal also emphasized that the Revenue should have filed an appeal if aggrieved by the first appellate authority's decision and rejected the department's ability to open a new case before the second appellate authority. Case-Laws Central Excise Thu, 15 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333593