https://www.taxtmi.com/caselaws?id=470915 Interest on refund of sums deposited during investigation and remaining unutilised in a personal ledger account is disputed between treating the sums as revenue deposits or as statutory refund claims. One view treats the deposit and unutilised balance as an advance towards duty, excluding the refund and interest framework under Sections 11B and 11BB of the Central Excise Act, 1944 and supporting interest from the deposit date. The opposing view applies Section 11B to the refund and Section 11BB to interest, precluding interest from the deposit date outside that framework. The unresolved questions were referred to a third Member. en-us Thu, 14 Nov 2024 00:00:00 +0530 Fri, 14 Aug 2026 07:13:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470915 Interest on refund of sums deposited during investigation and remaining unutilised in a personal ledger account is disputed between treating the sums as revenue deposits or as statutory refund claims. One view treats the deposit and unutilised balance as an advance towards duty, excluding the refund and interest framework under Sections 11B and 11BB of the Central Excise Act, 1944 and supporting interest from the deposit date. The opposing view applies Section 11B to the refund and Section 11BB to interest, precluding interest from the deposit date outside that framework. The unresolved questions were referred to a third Member. Case-Laws Central Excise Thu, 14 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470915