https://www.taxtmi.com/caselaws?id=201470 The Gujarat High Court affirmed the Tribunal's ruling in a customs refund case, emphasizing that interest under Sections 27(2) and 27-A of the Customs Act becomes payable three months from the Commissioner (Appeals)'s order resulting in a refund. The Court held that interest was rightfully payable as per the Act, especially when the demand against which the refund was adjusted had been overturned. Finding no substantial question of law, the Court dismissed the appeal, providing clarity on the entitlement to interest on refunds and settling the matter in favor of the respondent assessee. en-us Thu, 11 Feb 2010 00:00:00 +0530 Mon, 10 Jan 2011 17:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201470 The Gujarat High Court affirmed the Tribunal's ruling in a customs refund case, emphasizing that interest under Sections 27(2) and 27-A of the Customs Act becomes payable three months from the Commissioner (Appeals)'s order resulting in a refund. The Court held that interest was rightfully payable as per the Act, especially when the demand against which the refund was adjusted had been overturned. Finding no substantial question of law, the Court dismissed the appeal, providing clarity on the entitlement to interest on refunds and settling the matter in favor of the respondent assessee. Case-Laws Customs Thu, 11 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201470