2003 (5) TMI 82 - AT - Central Excise

Summary

The appellant filed for a refund of pre-deposit with interest. The Department argued no interest was payable, but the Tribunal disagreed. The Tribunal directed the Revenue to pay interest on the refunded amount of Rs. 15 lakhs from 17-7-2001 as per Section 11BB. The interest is to be paid within one month.