TaxTMI 
TaxTMI 
2000 (7) TMI 90
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....persuaded the Union of India to file the present appeal which, as we shall presently see, is devoid of merits. 2.It appears that the demand of excise duty was raised against the respondent who were manufacturing nylon yarn. The demand raised was in respect of intermediate product. The said demand was challenged by the respondent filing a writ petition in the Bombay High Court on 28th of May, 1980....
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....e amount of excise duty in the Court and for a direction that the amount so deposited from time to time be invested by the Court. This prayer was accepted and by order dated the 2nd of November, 1981 the High Court directed the Prothonotary and Senior Master to invest the amounts of excise duties by depositing the same in a nationalised bank. 5.The aforesaid writ petition was finally heard and di....
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....espondents on behalf of the petitioners under protest and without prejudice to the rights of the parties herein all principal amounts that are deposited by the petitioners in Hon'ble Court on and from 17th December, 1981 and thereafter the petitioners do pay to the respondents under protest and without prejudice to the rights and contentions of the parties herein, from and after the date of the pa....
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....y the respondent. The respondent took out notice of motion for an order that the amount of interest Rs. 29,37,521.66p. which had accrued on the principal amount deposited should be paid to the respondent-company. This prayer was accepted and by order dated 17th of August, 1984 the Prothonotary and Senior Master was directed to pay the interest to the respondent. Aggrieved by this order, an appeal ....