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2017 (12) TMI 317 - AT - Central ExciseDemand on interest - whether the ld. Commissioner (Appeals) have rightly directed payment of interest on the amount deposited during investigation, which was lying with the Department and thereafter no SCN was issued? - Held that: - the issue is squarely covered by the ruling of this Tribunal in the case of Toyoto Kirloskar Auto Parts Pvt. Ltd. [2008 (9) TMI 345 - CESTAT, Bangalore], where it was held that the appellant is entitled for interest on the amount, which has been withheld by the Department unlawfully from the date of deposit. The Adjudicating Authority is directed to grant interest from the date of deposit till the date of refund of the principal amount as per the rates in force at the relevant time - appeal dismissed - decided against Revenue.
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