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of <h1>Customs Circular Simplifies Refund Process: Simple Letter with Documents for Pre-Deposit Refunds under Excise and Customs Acts.</h1> The circular from the Commissioner of Customs (Import) in Mumbai addresses the procedure for refunding pre-deposits made under Section 35 of the Central Excise Act, 1944, and Section 129 E of the Customs Act, 1962. Following the Supreme Court's dismissal of a Revenue petition challenging interest on delayed refunds, it is clarified that refund applications need not be formal; a simple letter with necessary documents suffices. The directive mandates compliance to avoid interest liabilities on delayed refunds, and it applies to both pending refund applications and bank guarantees executed in lieu of cash deposits.
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