https://www.taxtmi.com/caselaws?id=465070 CESTAT Mumbai allowed the appeal, holding that the amount of Rs. 19,78,485/- deposited during investigation and treated as pre-deposit at the time of appeal before the Commissioner (Appeals) attracted mandatory interest under section 129EE of the Customs Act, 1962, as it stood prior to 06.08.2014. The Tribunal rejected the departmental and Commissioner (Appeals) view denying interest, terming it a violation of the assessee's statutory right, though it clarified that interest could not run from the date of deposit under the post-2014 regime. The impugned order was set aside and the department was directed to pay interest on the refunded pre-deposit within two months. en-us Fri, 14 Feb 2025 00:00:00 +0530 Thu, 04 Dec 2025 19:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465070 CESTAT Mumbai allowed the appeal, holding that the amount of Rs. 19,78,485/- deposited during investigation and treated as pre-deposit at the time of appeal before the Commissioner (Appeals) attracted mandatory interest under section 129EE of the Customs Act, 1962, as it stood prior to 06.08.2014. The Tribunal rejected the departmental and Commissioner (Appeals) view denying interest, terming it a violation of the assessee's statutory right, though it clarified that interest could not run from the date of deposit under the post-2014 regime. The impugned order was set aside and the department was directed to pay interest on the refunded pre-deposit within two months. Case-Laws Customs Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465070