https://www.taxtmi.com/caselaws?id=433495 The Tribunal allowed the appeal, granting the appellant a refund of Rs. 1,26,59,954/- with interest. It held that the principle of unjust enrichment does not apply to amounts deposited during investigation or proceedings, as they are considered deposits made under protest. The nature of the deposit, accounting methods, and the inability to pass on the tax burden to the ultimate buyer were crucial factors in determining the refund eligibility. The Tribunal emphasized that the method of accounting does not affect refund admissibility, setting aside the Commissioner's order and ruling in favor of the appellant. en-us Mon, 30 Jan 2023 00:00:00 +0530 Wed, 26 Jul 2023 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433495 The Tribunal allowed the appeal, granting the appellant a refund of Rs. 1,26,59,954/- with interest. It held that the principle of unjust enrichment does not apply to amounts deposited during investigation or proceedings, as they are considered deposits made under protest. The nature of the deposit, accounting methods, and the inability to pass on the tax burden to the ultimate buyer were crucial factors in determining the refund eligibility. The Tribunal emphasized that the method of accounting does not affect refund admissibility, setting aside the Commissioner's order and ruling in favor of the appellant. Case-Laws Service Tax Mon, 30 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433495