https://www.taxtmi.com/highlights?id=76501 Refusal of grant of interest on the amount deposited during investigation, which was subsequently found to be refundable - The Tribunal found that the amount deposited during investigation took the character of revenue deposit. Considering similar precedents and the compensatory nature of interest, the Tribunal allowed interest at a rate of 6% per annum from the date of deposit till the date of refund. en-us Wed, 10 Apr 2024 08:43:39 +0530 Wed, 10 Apr 2024 08:43:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=76501 Refusal of grant of interest on the amount deposited during investigation, which was subsequently found to be refundable - The Tribunal found that the amount deposited during investigation took the character of revenue deposit. Considering similar precedents and the compensatory nature of interest, the Tribunal allowed interest at a rate of 6% per annum from the date of deposit till the date of refund. Highlights Customs Wed, 10 Apr 2024 08:43:39 +0530 https://www.taxtmi.com/highlights?id=76501