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    <title>2006 (1) TMI 352 - CESTAT,  NEW DELHI</title>
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    <description>The Tribunal held that interest on delayed refunds for excess duty paid on imported machinery is payable to the respondents from the enactment date of Section 27A of the Customs Act, 1962, which is 26-8-1995. The appeal by the Revenue challenging the interest award after 3 months from the refund claim filing date was dismissed. The Tribunal directed the authorities to pay interest to the respondents from 26-8-95 to 9-6-2004 within 4 weeks of the Order.</description>
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      <link>https://www.taxtmi.com/caselaws?id=117241</link>
      <description>The Tribunal held that interest on delayed refunds for excess duty paid on imported machinery is payable to the respondents from the enactment date of Section 27A of the Customs Act, 1962, which is 26-8-1995. The appeal by the Revenue challenging the interest award after 3 months from the refund claim filing date was dismissed. The Tribunal directed the authorities to pay interest to the respondents from 26-8-95 to 9-6-2004 within 4 weeks of the Order.</description>
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