https://www.taxtmi.com/caselaws?id=46111 A refundable pre-deposit made during appellate proceedings is treated as a deposit, not duty, and if its refund is withheld after the appeal succeeds, the assessee is entitled to interest for the period of delay. The Gujarat HC noted that unreasonable retention of the amount caused financial loss and that interest runs from the date the refund became due, i.e. the appellate authority's order, until actual payment. Relief was therefore granted in favour of the assessee. en-us Mon, 04 Dec 2000 00:00:00 +0530 Thu, 15 Jul 2010 17:45:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46111 A refundable pre-deposit made during appellate proceedings is treated as a deposit, not duty, and if its refund is withheld after the appeal succeeds, the assessee is entitled to interest for the period of delay. The Gujarat HC noted that unreasonable retention of the amount caused financial loss and that interest runs from the date the refund became due, i.e. the appellate authority's order, until actual payment. Relief was therefore granted in favour of the assessee. Case-Laws Central Excise Mon, 04 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46111