https://www.taxtmi.com/caselaws?id=418967 The Tribunal allowed the appeal, overturning the decision denying interest on the pre-deposit amount. The Appellant was granted interest from the date of deposit till the refund date at a rate of 12% per annum. The decision was based on legal precedents establishing the right to interest on refund amounts and the nature of the deposit as a pre-deposit rather than a duty payable. The Adjudicating Authority was directed to calculate and pay the interest promptly. en-us Thu, 10 Feb 2022 00:00:00 +0530 Tue, 01 Mar 2022 08:17:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418967 The Tribunal allowed the appeal, overturning the decision denying interest on the pre-deposit amount. The Appellant was granted interest from the date of deposit till the refund date at a rate of 12% per annum. The decision was based on legal precedents establishing the right to interest on refund amounts and the nature of the deposit as a pre-deposit rather than a duty payable. The Adjudicating Authority was directed to calculate and pay the interest promptly. Case-Laws Central Excise Thu, 10 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418967