https://www.taxtmi.com/caselaws?id=759002 CESTAT Bangalore held that appellant was entitled to interest of Rs.1,15,84,553/- on excess duty paid during provisional assessment period 2002-03 to 2009-10. The interest calculation method was disputed and pending before Karnataka HC. After HC settled the computation formula, appellant requested adjustment of interest due to government against interest payable to appellant. Lower authorities rejected the claim stating final duty computation order was not challenged. CESTAT found no valid reason to deny refund since appellant had already paid government interest without demand notice. Impugned order set aside, appeal allowed. en-us Fri, 20 Sep 2024 00:00:00 +0530 Mon, 23 Sep 2024 09:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759002 CESTAT Bangalore held that appellant was entitled to interest of Rs.1,15,84,553/- on excess duty paid during provisional assessment period 2002-03 to 2009-10. The interest calculation method was disputed and pending before Karnataka HC. After HC settled the computation formula, appellant requested adjustment of interest due to government against interest payable to appellant. Lower authorities rejected the claim stating final duty computation order was not challenged. CESTAT found no valid reason to deny refund since appellant had already paid government interest without demand notice. Impugned order set aside, appeal allowed. Case-Laws Central Excise Fri, 20 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759002