https://www.taxtmi.com/caselaws?id=360548 The Tribunal allowed both appeals of the appellant, setting aside the lower authorities' decision to appropriate interest on delayed refunds against pending arrears of revenue, despite a stay order by the High Court. The Tribunal held that such appropriation was not legally sustainable as the demands had not reached finality. The decision emphasized that appropriation of refunds against pending demands not yet finalized is impermissible, in line with established legal principles and precedents. en-us Fri, 06 Apr 2018 00:00:00 +0530 Sat, 19 May 2018 08:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360548 The Tribunal allowed both appeals of the appellant, setting aside the lower authorities' decision to appropriate interest on delayed refunds against pending arrears of revenue, despite a stay order by the High Court. The Tribunal held that such appropriation was not legally sustainable as the demands had not reached finality. The decision emphasized that appropriation of refunds against pending demands not yet finalized is impermissible, in line with established legal principles and precedents. Case-Laws Central Excise Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360548