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Commissioner Of Central Excise And ... vs M/S Calcutta Chemical Agencies, M/S ... on 1 August, 2001

5|Page E/50710/2025 additionally to requirement to the pre-deposit amount during the investigation will not be considered for calculation of interest which is wrong and denied as the department itself has collected the tax during investigation by creating unnecessary pressure and poses threat during investigation which leads to the payment of the impugned amount and therefore, It is most respectfully submitted that, while passing the aforementioned Order Honble Commissioner Appeals, failed to consider the various precedent judgements of this Hon'ble Tribunal, various High Courts and the Hon'ble Supreme Court of India, wherein the interest has been granted from the date of deposit till the payment of refund on whole amount. It is submitted that the Hon'ble Calcutta High Court in the case of CCE vs. Calcutta Chemical Company Ltd. MANU/WB/0276/1992, held when Govt has enjoyed the money of assessee, department must pay interest at the rate of 12% for that period. It is further submitted that the Hon'ble Kerala High Court in the case of Sony Pictures Networks (P) Ltd vs. 2017(353) ELT 179 (Ker) has held as follows:-
Customs, Excise and Gold Tribunal - Mumbai Cites 0 - Cited by 7 - Full Document

Sandvik Asia Ltd vs Commissioner Of Income Tax-I, Pune & Ors on 27 January, 2006

The CESTAT relying on Sandvik Asia case (supra), which though was rendered in the context of Income Tax Act, have unequivocally held in the following cases that the provisions of Section 35FF of the Central Excise Act and Section 243 of the Income Tax Act, 1961 are parimateria, and thus, the assessee are entitled to interest on the refund amount from the date of payment/deposit till the date of disbursal:
Supreme Court of India Cites 38 - Cited by 290 - A R Lakshmanan - Full Document
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