https://www.taxtmi.com/caselaws?id=51950 The Tribunal allowed both appeals, granting the appellants interest on the delayed refund of pre-deposit amounts under Section 35F of the Central Excise Act. It held that the appellants are entitled to interest from the expiry of three months after the Tribunal's Final Order until the refund date. The Tribunal rejected the respondent's argument that interest is payable only from the date of the Final Order, affirming that even remand orders necessitate a refund with interest. The Tribunal's decision aligns with the Supreme Court's precedent in Kuil Fireworks Industries, supporting the appellants' entitlement to interest. en-us Wed, 18 Jun 2003 00:00:00 +0530 Tue, 20 Aug 2024 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51950 The Tribunal allowed both appeals, granting the appellants interest on the delayed refund of pre-deposit amounts under Section 35F of the Central Excise Act. It held that the appellants are entitled to interest from the expiry of three months after the Tribunal's Final Order until the refund date. The Tribunal rejected the respondent's argument that interest is payable only from the date of the Final Order, affirming that even remand orders necessitate a refund with interest. The Tribunal's decision aligns with the Supreme Court's precedent in Kuil Fireworks Industries, supporting the appellants' entitlement to interest. Case-Laws Central Excise Wed, 18 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51950