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1989 (3) TMI 144 - HC - Central ExciseExtract: .......now, adjustment can be made under R.G. 23 account. 7. Having taken the view that the amount claimed by the petitioner is refundable, we hold that the petitioner is entitled to interest on the amount refundable at the rate of 8 per cent per annum, from today till the date of payment. 8. The writ petition is accordingly allowed. No order as to costs.
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