https://www.taxtmi.com/forum/issue?id=118596 Interest on refunds of pre-deposits in service-tax appeals is governed by a notification-fixed statutory rate under the Central Excise regime as applied to service tax; that statutory rate is the baseline entitlement for delayed refund interest. Tribunal precedent treats interest on pre-deposit refunds as accruing from the date of deposit until refund, while higher rates awarded by courts are characterised as penal or enhanced interest and do not amend the prescribed statutory rate. en-us Thu, 22 Jun 2023 14:56:33 +0530 Thu, 23 Jan 2025 15:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118596 Interest on refunds of pre-deposits in service-tax appeals is governed by a notification-fixed statutory rate under the Central Excise regime as applied to service tax; that statutory rate is the baseline entitlement for delayed refund interest. Tribunal precedent treats interest on pre-deposit refunds as accruing from the date of deposit until refund, while higher rates awarded by courts are characterised as penal or enhanced interest and do not amend the prescribed statutory rate. Discussion-Forum Service Tax Thu, 22 Jun 2023 14:56:33 +0530 https://www.taxtmi.com/forum/issue?id=118596