Interest payable on amount deposited during investigation and later refunded back: CESTAT Delhi

Churchit International Vs Commissioner of Customs (Export) (CESTAT Delhi)

CESTAT Delhi held that interest is payable on amount deposited during the course of investigation and refunded back due to NIL. Interest is payable at the rate of 12% from the date of deposit till the date of refund.

Facts- The issue pertai

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