https://www.taxtmi.com/caselaws?id=419763 The Tribunal allowed the appeals, holding that the appellants are entitled to claim interest at 12% per annum on the deposits made during the investigation until their realization, based on the precedent set in a previous case and the absence of a specific statutory provision governing the rate of interest for revenue deposit refunds. The appeals were thus allowed, granting the appellants the differential interest they sought. en-us Tue, 15 Mar 2022 00:00:00 +0530 Sat, 19 Mar 2022 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419763 The Tribunal allowed the appeals, holding that the appellants are entitled to claim interest at 12% per annum on the deposits made during the investigation until their realization, based on the precedent set in a previous case and the absence of a specific statutory provision governing the rate of interest for revenue deposit refunds. The appeals were thus allowed, granting the appellants the differential interest they sought. Case-Laws Central Excise Tue, 15 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419763