Interest at 12% allowed for amount paid under protest as it is neither pre-deposit nor service tax: CESTAT

EXCISE/ST/VAT: Where any amount was paid under protest, it is neither pre-deposit nor service tax; it is only a deposit made by appellant and since said amount was retained by revenue without any authority of law as appellant was not liable to pay service tax, appellant is entitled to claim interest from date of deposit till its realisation at rate of 12 per cent per annum

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