https://www.taxtmi.com/caselaws?id=46714 The Supreme Court addressed applications seeking clarification of an earlier stay order in Civil Appeal Nos. 1825-1827 of 2002. The Court modified the Tribunal's order, directing the refund of a pre-deposit amount of Rupees One Crore, subject to a bank guarantee until the final disposal of appeals. It was decided that only the principal amount should be refunded without interest. The manufacturer-respondent was required to provide a bank guarantee from a nationalized bank to secure the refunded sum. The Court clarified that no interest would be paid on the refunded amount during the pendency of appeals, ensuring fairness in the resolution of the legal dispute. en-us Mon, 10 Nov 2003 00:00:00 +0530 Tue, 29 Apr 2014 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46714 The Supreme Court addressed applications seeking clarification of an earlier stay order in Civil Appeal Nos. 1825-1827 of 2002. The Court modified the Tribunal's order, directing the refund of a pre-deposit amount of Rupees One Crore, subject to a bank guarantee until the final disposal of appeals. It was decided that only the principal amount should be refunded without interest. The manufacturer-respondent was required to provide a bank guarantee from a nationalized bank to secure the refunded sum. The Court clarified that no interest would be paid on the refunded amount during the pendency of appeals, ensuring fairness in the resolution of the legal dispute. Case-Laws Central Excise Mon, 10 Nov 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46714