https://www.taxtmi.com/caselaws?id=799085 Investigation-stage deposits refunded after an excise demand becomes unsustainable are treated as amounts retained without legal entitlement, rather than as excise-duty refunds. Sections 11B and 11BB therefore do not govern interest on such deposits, because they address duty refunds and delayed statutory refunds. In the absence of an applicable statutory interest provision for pre-Section 35FF deposits, compensatory interest is payable from each date of deposit until actual refund. The applicable rate is 12% per annum, with the interest to be calculated and paid within eight weeks. en-us Tue, 15 Sep 2026 00:00:00 +0530 Thu, 17 Sep 2026 07:52:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799085 Investigation-stage deposits refunded after an excise demand becomes unsustainable are treated as amounts retained without legal entitlement, rather than as excise-duty refunds. Sections 11B and 11BB therefore do not govern interest on such deposits, because they address duty refunds and delayed statutory refunds. In the absence of an applicable statutory interest provision for pre-Section 35FF deposits, compensatory interest is payable from each date of deposit until actual refund. The applicable rate is 12% per annum, with the interest to be calculated and paid within eight weeks. Case-Laws Central Excise Tue, 15 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799085