https://www.taxtmi.com/highlights?id=51223 Forfeiture of amount deposited in the Escrow account - Since the benefit of exemption has been denied and the assessee has duly made the payment by utilization of credit as also accepted by the department, the payment of amount by challan has to be at best considered as ‘deposit’ which cannot be retained by the department and is liable to be refunded back. en-us Tue, 14 Jan 2020 08:33:32 +0530 Tue, 14 Jan 2020 08:33:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51223 Forfeiture of amount deposited in the Escrow account - Since the benefit of exemption has been denied and the assessee has duly made the payment by utilization of credit as also accepted by the department, the payment of amount by challan has to be at best considered as ‘deposit’ which cannot be retained by the department and is liable to be refunded back. Highlights Central Excise Tue, 14 Jan 2020 08:33:32 +0530 https://www.taxtmi.com/highlights?id=51223