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    <title>2018 (1) TMI 303 - CESTAT MUMBAI</title>
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    <description>The appeal was allowed in favor of Tien Yuan India P. Ltd., directing the grant of interest on the entire amount of Rs. 2 crores refunded to them. The High Court ordered interest to be paid on the full sum from 04.01.2007 onwards until 27.04.2015, emphasizing that adjustments for redemption fine and demand confirmation should only be made after granting interest on the complete Rs. 2 crores. The Tribunal upheld the importance of following the High Court&#039;s directive, ensuring that the appellants receive the entitled interest on the total refund amount.</description>
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    <pubDate>Wed, 29 Nov 2017 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=353567</link>
      <description>The appeal was allowed in favor of Tien Yuan India P. Ltd., directing the grant of interest on the entire amount of Rs. 2 crores refunded to them. The High Court ordered interest to be paid on the full sum from 04.01.2007 onwards until 27.04.2015, emphasizing that adjustments for redemption fine and demand confirmation should only be made after granting interest on the complete Rs. 2 crores. The Tribunal upheld the importance of following the High Court&#039;s directive, ensuring that the appellants receive the entitled interest on the total refund amount.</description>
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