2019 (11) TMI 1422

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..... rest required to be paid on the said deposited amount. It is seen that the appellants before the Lower Authorities have relied upon various decisions, in support of their contention that they are entitled to interest from the date of deposit of the said amount as the same has to be considered as deposits and not duty. Reliance can be placed in the case of GOLDSTONE ENGINEERING LTD. VERSUS UNION OF .....

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..... ; 26,59,470/-(twenty six lakhs fifty nine thousand four hundred seventy), under protest, during the course of investigation. Thereafter proceedings were initiated against them confirming the said demands etc. However on appeal, the Tribunal set aside the confirmation and allowed the Assessee's appeal. As consequence the appellant became entitled to the refund of the deposited money, which was refu .....

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..... is impugned order but rejected the appeal by making a cryptic observation as detailed in para 6:- I have gone through the case record. The adjudicating authority has held that the refund of duty was granted before expiry of three months stipulated under section 11BB of the Central Excise Act, 1944, therefore, there is no question of granting interest on the same. The appellant could not cite any .....

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