https://www.taxtmi.com/caselaws?id=750842 Tax dues not included in an approved Insolvency and Bankruptcy Code resolution plan stand extinguished, preventing the Revenue from retaining an appellate pre-deposit linked to those dues. Where the Revenue neither lodged its claim in the insolvency process nor challenged the NCLT orders, rejection of the refund on the basis of the extinguished demand is unsustainable. Retention of a pre-deposit made to pursue excise appeals after the underlying liability has ceased would amount to unjust enrichment. The depositor is entitled to refund of the pre-deposit with applicable statutory interest under the Central Excise Act; an inconsistent circular does not apply. en-us Tue, 20 Feb 2024 00:00:00 +0530 Wed, 30 Apr 2025 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750842 Tax dues not included in an approved Insolvency and Bankruptcy Code resolution plan stand extinguished, preventing the Revenue from retaining an appellate pre-deposit linked to those dues. Where the Revenue neither lodged its claim in the insolvency process nor challenged the NCLT orders, rejection of the refund on the basis of the extinguished demand is unsustainable. Retention of a pre-deposit made to pursue excise appeals after the underlying liability has ceased would amount to unjust enrichment. The depositor is entitled to refund of the pre-deposit with applicable statutory interest under the Central Excise Act; an inconsistent circular does not apply. Case-Laws GST Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750842