https://www.taxtmi.com/caselaws?id=381869 Amounts deposited as a pre-deposit for pursuing an appellate remedy do not assume the character of tax, and when the assessee succeeds, interest is payable from the date the appeal is allowed. The Delhi High Court held that the refundable deposit carries interest from the date of appellate relief, not merely from the refund application. It also rejected the challenge to the prospective operation of the amended Section 35FF of the Central Excise Act, 1944, preferring a construction that preserved the provision's validity. The writ petition succeeded, the refund order denying interest was quashed, and interest was directed to be computed and paid from the date the appeals were allowed. en-us Wed, 26 Sep 2018 00:00:00 +0530 Fri, 21 Jun 2019 08:52:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381869 Amounts deposited as a pre-deposit for pursuing an appellate remedy do not assume the character of tax, and when the assessee succeeds, interest is payable from the date the appeal is allowed. The Delhi High Court held that the refundable deposit carries interest from the date of appellate relief, not merely from the refund application. It also rejected the challenge to the prospective operation of the amended Section 35FF of the Central Excise Act, 1944, preferring a construction that preserved the provision's validity. The writ petition succeeded, the refund order denying interest was quashed, and interest was directed to be computed and paid from the date the appeals were allowed. Case-Laws Central Excise Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381869