TMI Blog2022 (11) TMI 263X X X X Extracts X X X X X X X X Extracts X X X X ..... HAT:- 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 o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s on 24/01/2014 under protest. Thereafter, show cause notice dated 10/06/2015 was issued and a demand of more than Rs. 25 lakhs was confirmed vide Order-in-Original dated 12/06/2018. Being aggrieved the appellant had preferred appeal before the Commissioners (appeals) who was pleased to allow the appeal vide Order-in-Appeal dated 12/03/2019. Thereafter, the appellant filed claim of refund for the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dismissed the Commissioner (appeals). 5. Assailing the impugned order, learned Counsel for the appellant states that interest is allowable on the deposit under Section 35FF of the Central Excise Act, to assessee on success in appeal. Further, the said section provides for grant of interest from the date of deposit till the date of refund. Learned Counsel also relies on several precedent orders ..... X X X X Extracts X X X X X X X X Extracts X X X X
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