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CESTAT Mumbai Denies Interest on Pre-Deposit Made Before Amended Section 35FF
Case Law Details
- Case Name
- Jindal Drugs Limited Vs Commissioner of Central Excise (CESTAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Mumbai
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Jindal Drugs Limited Vs Commissioner of Central Excise (CESTAT Mumbai)
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai, dismissed the appeal challenging the Commissioner (Appeals)’ order denying interest on the refund of a pre-deposit made under the Central Excise Act, 1944.
The appellant, engaged in the manufacture of cocoa powder and cocoa butter, had deposited ₹4 crore on 21.04.2014 pursuant to an order of the Bombay High Court directing it to deposit the amount in cash and furnish a bank guarantee of ₹9.40 crore while granting stay and remanding the matter...
