https://www.taxtmi.com/caselaws?id=433968 Interest on a deposit made during investigation before the Finance Act, 2014 amendments was held not payable because the later pre-deposit regime and the related refund-interest circular applied only to the amended statutory framework. A voluntary deposit made in 2007 did not fall within that regime, and the amended provision could not be applied retrospectively. On that basis, the assessee was denied interest on the deposited amount, and the Revenue's challenge to the grant of interest succeeded. en-us Thu, 09 Feb 2023 00:00:00 +0530 Wed, 15 Feb 2023 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433968 Interest on a deposit made during investigation before the Finance Act, 2014 amendments was held not payable because the later pre-deposit regime and the related refund-interest circular applied only to the amended statutory framework. A voluntary deposit made in 2007 did not fall within that regime, and the amended provision could not be applied retrospectively. On that basis, the assessee was denied interest on the deposited amount, and the Revenue's challenge to the grant of interest succeeded. Case-Laws Service Tax Thu, 09 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433968