https://www.taxtmi.com/caselaws?id=339284 Amounts deposited during investigation or pending adjudication were treated as revenue deposits, not final duty payments, so any excess over the liability finally sustained was refundable. The ordinary limitation for duty refund claims did not apply to such excess deposits, because the Revenue could not retain money that was never conclusively levied as duty, fine, or penalty. The Tribunal also held that interest was payable on delayed refund. The sustained penalty could be adjusted, but the balance had to be returned to the assessee. en-us Tue, 31 Jan 2017 00:00:00 +0530 Wed, 04 Jul 2018 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339284 Amounts deposited during investigation or pending adjudication were treated as revenue deposits, not final duty payments, so any excess over the liability finally sustained was refundable. The ordinary limitation for duty refund claims did not apply to such excess deposits, because the Revenue could not retain money that was never conclusively levied as duty, fine, or penalty. The Tribunal also held that interest was payable on delayed refund. The sustained penalty could be adjusted, but the balance had to be returned to the assessee. Case-Laws Central Excise Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339284