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2009 (9) TMI 828 - CALCUTTA HIGH COURTInterest on delayed refund of dumping duty - Held that:- The assessing authority had thus rightly granted 9% interest. In any event the appeal and the revisional application of the Department have been rejected. Even though the Department has appealed to the Tribunal there is no order of stay. The respondent-authorities cannot indefinitely withhold interest, merely by filing an appeal, and more so when there is no interim stay. The respondent-authorities are bound to pay interest in terms of the order dated 11th July, 2008. W.P. allowed.
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