https://www.taxtmi.com/caselaws?id=422385 Amounts deposited during investigation, once the underlying demand is set aside, are treated as revenue deposits rather than duty payments, so interest is payable on the entire refunded sum and not confined to any pre-deposit portion. The applicable rate followed settled authority at 12% per annum from the date of deposit. A limitation objection based on duty-refund provisions was rejected because the claim arose from return of a revenue deposit, not a refund governed by the ordinary duty-refund regime. The retained amount was therefore refundable with interest, and the limitation bar did not apply. en-us Fri, 06 May 2022 00:00:00 +0530 Sat, 14 May 2022 08:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422385 Amounts deposited during investigation, once the underlying demand is set aside, are treated as revenue deposits rather than duty payments, so interest is payable on the entire refunded sum and not confined to any pre-deposit portion. The applicable rate followed settled authority at 12% per annum from the date of deposit. A limitation objection based on duty-refund provisions was rejected because the claim arose from return of a revenue deposit, not a refund governed by the ordinary duty-refund regime. The retained amount was therefore refundable with interest, and the limitation bar did not apply. Case-Laws Central Excise Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422385