Interest allowable from date of deposit to date of refund: CESTAT

Riba Textiles Ltd. Vs Commissioner of CE & S (CESTAT Chandigarh) It was held that Appellant is entitled to interest for the period  from the date of deposit (deposit made during investigation) to till date of refund and also amounts deposited by way of pre deposit at the time of filing of Appeals,  shall be entitled to interest for the period from the date of  deposit to till the date of refund.  The Department argued that Appellant is entitled to interest only if the refund of amount deposited is not granted even after the expiry of three months from the date of final order of court o...