Interest Mandatory on Refundable Pre-Deposit of Appeal, Regardless of Claim

India Yamaha Motor Pvt. Ltd. Vs Commissioner of Central Goods and Service Tax (CESTAT Allahabad) Summary: In the case of M/s India Yamaha Motor Pvt. Ltd. v. Commissioner of Central Goods and Service Tax, the CESTAT Allahabad addressed the issue of statutory interest on refundable pre-deposits. The appellant, engaged in manufacturing motor vehicles, appealed against a previous order that did not grant interest on a pre-deposit refund made following a successful appeal. The CESTAT held that Section 35FF of the Central Excise Act mandates interest on refunds, asserting that the obligation to gran...