https://www.taxtmi.com/caselaws?id=782352 CESTAT Kolkata allowed the appeal, holding that Revenue was entitled only to duty, interest, and penalty as determined by the Settlement Commission and that these amounts must be adjusted solely against the fixed deposit created pursuant to the SC order. No adjustment could be made towards other outstanding dues from separate litigations. The Tribunal directed that interest at 6% per annum be paid on Rs. 34,95,275 for the period from 08.08.2019 to 29.05.2023, treating it as refund of pre-deposit/deposit, and ordered Revenue to grant this interest within eight weeks without requiring any further application. en-us Wed, 26 Nov 2025 00:00:00 +0530 Fri, 28 Nov 2025 08:24:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782352 CESTAT Kolkata allowed the appeal, holding that Revenue was entitled only to duty, interest, and penalty as determined by the Settlement Commission and that these amounts must be adjusted solely against the fixed deposit created pursuant to the SC order. No adjustment could be made towards other outstanding dues from separate litigations. The Tribunal directed that interest at 6% per annum be paid on Rs. 34,95,275 for the period from 08.08.2019 to 29.05.2023, treating it as refund of pre-deposit/deposit, and ordered Revenue to grant this interest within eight weeks without requiring any further application. Case-Laws Customs Wed, 26 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782352