https://www.taxtmi.com/caselaws?id=782969 CESTAT allowed the appeal, holding that the assessee is entitled to interest on amounts deposited during investigation and as mandatory pre-deposit from the actual dates of deposit until the dates of refund. Such sums are characterized as deposits, not tax, and the department has no beneficial interest in them unless duly appropriated. Once adjudication establishes that the amount is not payable, the department must refund it with interest calculated from the date of deposit. Consequently, the interest earlier paid to the assessee was not erroneous, and no recovery or penalty proceedings on that basis are sustainable. en-us Wed, 19 Nov 2025 00:00:00 +0530 Mon, 08 Dec 2025 08:31:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782969 CESTAT allowed the appeal, holding that the assessee is entitled to interest on amounts deposited during investigation and as mandatory pre-deposit from the actual dates of deposit until the dates of refund. Such sums are characterized as deposits, not tax, and the department has no beneficial interest in them unless duly appropriated. Once adjudication establishes that the amount is not payable, the department must refund it with interest calculated from the date of deposit. Consequently, the interest earlier paid to the assessee was not erroneous, and no recovery or penalty proceedings on that basis are sustainable. Case-Laws Central Excise Wed, 19 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782969