https://www.taxtmi.com/caselaws?id=802275 Amounts deposited under protest during investigation, before any demand or determination of liability, retain the character of revenue deposits when the underlying demand is extinguished. Sections 11B and 11BB of the Central Excise Act, 1944 govern refunds of duty and do not apply to such deposits; the three-month period for interest on delayed duty refunds cannot be imported by analogy. Article 265 of the Constitution and equitable and commercial principles support compensation for retention of money without authority of law. For the deposits in question, interest is payable at 6% per annum from the respective deposit dates until actual refund. en-us Tue, 15 Sep 2026 00:00:00 +0530 Wed, 04 Nov 2026 08:42:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802275 Amounts deposited under protest during investigation, before any demand or determination of liability, retain the character of revenue deposits when the underlying demand is extinguished. Sections 11B and 11BB of the Central Excise Act, 1944 govern refunds of duty and do not apply to such deposits; the three-month period for interest on delayed duty refunds cannot be imported by analogy. Article 265 of the Constitution and equitable and commercial principles support compensation for retention of money without authority of law. For the deposits in question, interest is payable at 6% per annum from the respective deposit dates until actual refund. Case-Laws Central Excise Tue, 15 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802275