https://www.taxtmi.com/caselaws?id=409972 The Tribunal allowed the appeal, setting aside the order-in-appeal and restoring the order-in-original with modifications in the interest rate calculation, in favor of the appellant. The appellant was granted interest at the rate of 12% per annum from the date of deposit till the refund date, based on interpretations of relevant provisions of the Central Excise Act, 1944, and previous tribunal decisions. The Adjudicating Authority was directed to recalculate and grant further interest within a specified timeframe. en-us Fri, 16 Jul 2021 00:00:00 +0530 Wed, 21 Jul 2021 10:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409972 The Tribunal allowed the appeal, setting aside the order-in-appeal and restoring the order-in-original with modifications in the interest rate calculation, in favor of the appellant. The appellant was granted interest at the rate of 12% per annum from the date of deposit till the refund date, based on interpretations of relevant provisions of the Central Excise Act, 1944, and previous tribunal decisions. The Adjudicating Authority was directed to recalculate and grant further interest within a specified timeframe. Case-Laws Service Tax Fri, 16 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409972