Refund of deposit amount in excise case

Harsh (Querist) 19 February 2014 This query is : Resolved
Dear sir,
There was a demand against my company by excise department.
I filed a case in cestat in 2003 and granted me conditional stay by depositing 5 lakh.

now after 10 year I have won the case.

My query is how much interest I m going to get on my deposit of rs5 lakh .whether I m goin to get compound interest on it as it took long 10 year to dispose off.

Pls tell the procedure for taking the money back from excise dept with above query

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Vidhi Joshi (Expert) 20 February 2014
Acedemic Query Kindly go thru excise rules.

T. Kalaiselvan, Advocate (Expert) 20 February 2014
Yes consult a tax consultant dealing withe the refunds etc, who will be able to calculate the exact amount.

Rajendra K Goyal (Expert) 23 February 2014
Depends upon the order.
Consult a local excise consultant.

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