Pre-deposits made under Excise Section 35F and Customs Section 129E - Delayed refund of - Clarifications - Central Excise - Letter F. No. 275/37/2000-CX. 8A

Pre-deposits made under Excise Section 35F and Customs Section 129E - Delayed refund of - Clarifications Letter F. No. 275/37/2000-CX. 8A Dated 20-6-2003 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise Customs, New Delhi Kind attention is invited to the circular of even number dated 2nd January, 2002 [2002 (139) E.L.T. T38] on the captioned subject. 2. It has been brought to the notice of the Board that the wordings in para 4 of the Circular, namely, "any deviation and resultant liability to interest on delayed refunds shall be viewed strictly" convey the impression that interest is liable to be granted for refund of pre-deposits even when there is no corresponding provision in the Central Excise Act, 1944. The matter has been examined and the sentence is re-worded as under :- "Any deviation from the procedure explained hereinabove shall be viewed strictly." 3. The field formations and the Trade Associations may be informed accordingly. 4. Kindly acknowledge the receipt.