https://www.taxtmi.com/caselaws?id=401085 A binding circular clarified that, for storage of non-duty paid excisable goods outside the factory premises, physical supervision by Central Excise officers was not envisaged and recovery of merchant overtime charges was no longer warranted. On that basis, levy and collection of supervision charges could not be sustained, and amounts collected without authority had to be refunded. The document further states that interest is payable on the refunded sum, assessed on a notional basis at 3% per annum to balance equities. en-us Thu, 29 Oct 2020 00:00:00 +0530 Fri, 28 May 2021 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401085 A binding circular clarified that, for storage of non-duty paid excisable goods outside the factory premises, physical supervision by Central Excise officers was not envisaged and recovery of merchant overtime charges was no longer warranted. On that basis, levy and collection of supervision charges could not be sustained, and amounts collected without authority had to be refunded. The document further states that interest is payable on the refunded sum, assessed on a notional basis at 3% per annum to balance equities. Case-Laws Central Excise Thu, 29 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401085