1999 (2) TMI 228

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..... ese four Miscellaneous Applications, applicants are seeking rectification of mistake in the Order Nos. A-980-984/Cal/98, dated 27-11-1998. 2. Arguing on the application ld. Consultant submits that in the case of Northern Industrial Corpn. an amount of Rs. 3.60 lakhs was seized by the Central Excise Officers which was ultimately dropped by the Commissioner while passing the impugned adjudication .....

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..... the authorities would also belong to the appellants and would be refunded to them. In the circumstances he prays for modification of the impugned order by adding one paragraph by deciding the issue of interest also. 3. Countering the arguments Shri R.K. Roy, ld. JDR submits that in the case relied upon by the ld. Consultant, it was ordered that the interest on the seized amount kept with the ba .....

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..... ention of interest on the seized amount kept with the bank by the authorities does not arise. Accordingly, I add one more paragraph in the Order Nos. A-980-984/Cal/94, dated 27-11-1998 as under :- 10. In view of the case laws relied upon by the ld. Advocate denying the department benefit of retention of interest on the seized amount kept with the bank, I direct that the amount of interest actua .....

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