Interest payable if pre-deposit not refunded within 3 months

Cubex Tubings Limited Vs The Commissioner of Central Tax (CESTAT Hyderabad) In the present case, section 35F of the Excise Act, as it stood prior to 06.08.2014, provides for payment of interest only if the pre-deposit amount is not refunded within a period three months from the date of communication of the order to adjudicating authority. Facts- The appellant had sought refund of an amount of Rs. 32 lakhs and Rs. 84 lakhs deposited by the appellant in the two appeals filed before the Tribunal towards the pre-deposit amount required to be deposited under section 35F of the Excise Act as the app...