2015 (10) TMI 564 - SCH - Central Excise

Denial of refund claim - Interest - High Court granted refund and interest - Appeal pending before tribunal - Held that - even CEGAT has since decided the appeal and dismissed the same thereby affirming the order of refund. We are also informed that the interest amount has since been paid to the respondent. In view thereof, nothing remains to be adjudicated in the appeal - Decided against Revenue.

Summary

The Supreme Court dismissed the appeal challenging the High Court's order directing the Union of India to pay interest on the amount deposited by the respondent, as the Customs Excise and Gold (Control) Appellate Tribunal affirmed the order of refund and the interest amount has been paid to the respondent.