https://www.taxtmi.com/caselaws?id=790514 Interest on amounts deposited with the Revenue during investigation was held payable from the date of deposit until actual refund, following settled precedent that compensation is due for deprivation of funds. Applying the statutory framework under Section 11BB of the Central Excise Act, 1944, the Tribunal directed interest at 12% per annum on the refunded deposit, subject to adjustment for any amount already paid. However, the claim for further interest on delayed payment of that interest was rejected, as no separate interest on interest was held admissible unless expressly provided by statute. en-us Fri, 24 Apr 2026 00:00:00 +0530 Sat, 25 Apr 2026 12:25:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790514 Interest on amounts deposited with the Revenue during investigation was held payable from the date of deposit until actual refund, following settled precedent that compensation is due for deprivation of funds. Applying the statutory framework under Section 11BB of the Central Excise Act, 1944, the Tribunal directed interest at 12% per annum on the refunded deposit, subject to adjustment for any amount already paid. However, the claim for further interest on delayed payment of that interest was rejected, as no separate interest on interest was held admissible unless expressly provided by statute. Case-Laws Central Excise Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790514