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2014 (5) TMI 900

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..... e balance interest payable by Central Excise Authority, as per High Court's order dated 30th September, 2008, is Rs.69,17,613 - there is no dispute about the said quantum, though, learned Additional Solicitor General has pointed out that the rate of interest, as claimed by the appellant, is excessive, we are not inclined to go into the said aspect at this juncture. Accordingly, we direct the respo .....

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..... stitution of India calling for the records of the respondents culminated in Order F.No.52/7/91-CX.I dated 13th/21st October, 1993, and quash the said Order and consequentially direct the respondents to return the Rs.18.96 lakhs received from the petitioner company on account together with accrued 18% interest from the dates of receipt till the date of return of the above amount back to the petitio .....

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..... as not challenged the same by filing special leave petition before this Court. We have already quoted the relief prayed by the appellant before the High Court, which includes direction to the respondents for refund of Rs.18.96 lakhs, received from them on account together with accrued interest @ 18% from the date of receipt till the date of return. In view of the relief granted by the High Cour .....

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..... the writ petition, namely, Writ Petition No.22276 of 1993, as well as the ultimate relief granted by the High Court. In such circumstances, in the absence of any further appeal, the Department has no other way except to comply with the order as claimed. By a direction of this Court, the learned senior counsel appearing for the appellant, has brought to our notice that as on date the balance intere .....

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