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TMI Blog2008 (9) TMI 773X X X X Extracts X X X X X X X X Extracts X X X X ..... J) (Oral)]. This is a Revenue appeal arising from OIA No. 61/2007 dated 31-5-2007 which decides the aspect pertaining to payment of interest if the Tribunal s order is passed in assessees favour. The finding recorded in para 5 of the impugned order is reproduced herein below : DISCUSSIONS AND FINDINGS : 5. I have gone through the case records, grounds of appeal and submissions made at the time of personal hearing. The appellant claims 1. Interest on the refund amount already sanctioned and 2. Interest on Interest From the facts of the case, it is seen that the duty amount demanded vide OIO dated 21-2-2003 was paid on 31-3-04 and 11-6-04. In other words, when their appeal was pending before the CESTAT, the appellants had effe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eposit made by the appellant during pendency of an appeal, has to be returned within three months from the date of the final order of the appellant authority and in this case CESTAT. The CESTAT had passed the order on 15-2-2006 and the appellant had filed their first refund on 31-3-2006 and subsequently on 12-10-2006. The refund was finally granted only on 16-1-2007. It is the department s contention that since the refund was finally granted within three months from the date of appellants refund application i.e. 12-10-06, no interest is liable to be paid. The appellant however, refutes this contention on the ground that as per the decisions in the following judgments, the department has no authority to retain any pre-deposit beyond three mo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t. This view has been upheld by Hon ble CESTAT in the case of M/s. Sun Pharmaceuticals Ind. v. CCX Chennai - 2005 (185) E.L.T. 253. The appellant s contention on the interest on interest is therefore not acceptable. In view of the above, I order payment of interest on the amount refunded for the period beyond three months from the date of CESTAT order till the date of refund. The appeal is partially allowed. 2. This is challenged by the Revenue on various grounds. It is stated that the refund of the amounts can be done only under Section 27 of the Customs Act after satisfying all issues including unjust enrichment. It is stated that Section 28D of Customs Act presumes that incidence of duty has been passed on to the buyer, unless the cont ..... X X X X Extracts X X X X X X X X Extracts X X X X
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