https://www.taxtmi.com/caselaws?id=411553 The Tribunal held in favor of the appellant, a manufacturer facing a duty dispute with the Revenue, regarding entitlement to interest on a delayed refund claim. The Tribunal determined that the appellant, who paid duty under protest and later received a refund without interest, was entitled to interest from the date of deposit till realization at a rate of 12% per annum. Citing decisions from various High Courts, the Tribunal set aside the initial order and allowed the appeal, emphasizing that amounts paid under protest should be refunded with interest. en-us Fri, 27 Aug 2021 00:00:00 +0530 Sat, 28 Aug 2021 09:20:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411553 The Tribunal held in favor of the appellant, a manufacturer facing a duty dispute with the Revenue, regarding entitlement to interest on a delayed refund claim. The Tribunal determined that the appellant, who paid duty under protest and later received a refund without interest, was entitled to interest from the date of deposit till realization at a rate of 12% per annum. Citing decisions from various High Courts, the Tribunal set aside the initial order and allowed the appeal, emphasizing that amounts paid under protest should be refunded with interest. Case-Laws Central Excise Fri, 27 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411553