2003 (4) TMI 375 - AT - Central Excise

Summary

The judgment by Appellate Tribunal CEGAT, Mumbai addressed the eligibility for interest under Section 11BB of the Act on duty amounts deposited pending appeal decisions. The Tribunal ruled in favor of the appellants, stating that the deposited amounts were duty and interest is payable on delayed refunds. The appeals were allowed, and interest was granted three months after deposit sanction until payment.