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2022 (11) TMI 263 - AT - Central ExciseQuantum of interest, calculated correctly or not - relevant date for calculation of interest - whether the appellant have been granted correct amount of interest for the correct period on the deposit made during the investigation, pursuant to being successful in appeal? - HELD THAT:- Under similar circumstances, where the amount was deposited during investigation/audit, this Tribunal has allowed the interest from the date of deposit till the date of refund @12% P.A. The appellant is entitled to interest from the date of deposit till the date of refund @ 12% P.A. Adjudicating Authority is directed to grant the balance interest within a period of 30 days from the date of receipt of this order - Appeal allowed - decided in favor of appellant.
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