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2018 (1) TMI 424 - AT - Service TaxEntitlement of interest - interest on the amount of refund of pre-deposit debited through cenvat account - interpretation of statute - Held that: - statute itself provides for an interest on refund of an amount deposited in furtherance of Sec. 36F consequent on the order of the Appellate Authority from the date of payment of the amount till the date of refund of such amount. The said Section does not differentiate between the deposits made in cash or by debit in cenvat account - denial of interest to appellant under Section 35FF for only for the reason that there is no loss that has occurred to appellants which needs compensation is unsustainable findings - It is settled law that Section of the statute needs to be interpreted as they are. Interest has to be paid to the appellant as per Sec. 35FF of the CEA, 1944 - appeal allowed.
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