https://www.taxtmi.com/caselaws?id=429839 The Tribunal ruled in favor of the appellant, a builder, in a case concerning interest on a deposit made during an investigation under protest. The appellant successfully appealed against a confirmed demand and sought a refund of the deposited amount with interest. The Tribunal held that the appellant was entitled to interest at a rate of 12% per annum from the date of deposit till the date of refund, citing precedent rulings. The appeal was allowed, and the impugned order was modified accordingly, with instructions for the balance interest to be granted within 30 days. en-us Fri, 14 Oct 2022 00:00:00 +0530 Sat, 05 Nov 2022 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429839 The Tribunal ruled in favor of the appellant, a builder, in a case concerning interest on a deposit made during an investigation under protest. The appellant successfully appealed against a confirmed demand and sought a refund of the deposited amount with interest. The Tribunal held that the appellant was entitled to interest at a rate of 12% per annum from the date of deposit till the date of refund, citing precedent rulings. The appeal was allowed, and the impugned order was modified accordingly, with instructions for the balance interest to be granted within 30 days. Case-Laws Central Excise Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429839