Commissioner of Central Excise Vs. Rama Multitech Ltd.

.....for refund amounting to rs. 1,31,29,199/- after considering the amounts which the assessee availed was the credit required to be reversed were filed. the same was rejected on the grounds: i) claim of refund is premature since investigation and an offence case registered is pending against the assessee. ii) refund of credit was not contemplated under section 11b of the act.3. on an appeal filed by the assessee, the commissioner (appeals) set aside the order of the lower authority and directed a refund of rs. 9759872/-and rs. 3,36,932/- totalling to rs. 131229193/-. hence this appeal by the revenue on the grounds: ii) reliance in case of chandrapur magnet wires relied upon by the commissioner (appeals) is not relevant to the facts herein.4. considering that this tribunal in the case of florida electrical industries ltd. v cce, delhi 2004 (168) elt 393 (tri-del) has held that refund of amount deposited during the investigation when officers visited premises and alleged removal of excisable goods without payment of duty though show cause notice issued and personal hearing conducted by adjudicating authority, no duty liability determined even after lapse of more than 30 months - revenue not entitled to retain amount deposited by assessee. following this decision of the tribunal, nothing contrary having shown, we would also find no grounds in revenue's appeal filed now, more so when the refunds have already been sanctioned and paid, as submitted by the ld advocate for the respondents.