https://www.taxtmi.com/caselaws?id=786929 Amount paid under protest during investigation before adjudication is a revenue deposit, not duty; therefore statutory refund rules for duty do not govern commencement of interest and interest on refund must run from date of deposit. In absence of any statutory rate for interest on revenue-deposit refunds, courts may apply equitable judicial rates; accordingly a 12% per annum rate was applied from date of deposit until actual refund, subject to adjustment for any interest already sanctioned. en-us Fri, 20 Feb 2026 00:00:00 +0530 Mon, 23 Feb 2026 07:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786929 Amount paid under protest during investigation before adjudication is a revenue deposit, not duty; therefore statutory refund rules for duty do not govern commencement of interest and interest on refund must run from date of deposit. In absence of any statutory rate for interest on revenue-deposit refunds, courts may apply equitable judicial rates; accordingly a 12% per annum rate was applied from date of deposit until actual refund, subject to adjustment for any interest already sanctioned. Case-Laws Central Excise Fri, 20 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786929