Interest on Refund of excise duty amount Deposited During Investigation allowable from the date of deposit @ of 12%

Green Valley Industries Limited Vs Commissioner of CGST & CX (CESTAT Kolkata) The brief facts related to the case at hand are that the Appellant had succeeded in its appeal before this Tribunal vide FO 75527/2020 dated 22/10/2020 which had resulted in refund of Rs.78,16,265/-which was deposited by the Appellant during the investigation proceedings before the issuance of the Show Cause Notice on various dates i.e. 04/03/2012, 30/06/2012 and 02/02/2012. Post the above order dated 22/10/2020, the Appellant filed a letter seeking refund of the amount along with interest from the date of making...