https://www.taxtmi.com/caselaws?id=237113 The Tribunal upheld the Respondent's entitlement to interest on delayed payment of excess customs duty, rejecting the Revenue's appeal. The decision affirmed the First Appellate Authority's ruling that interest is payable under Section 18(4) of the Customs Act, irrespective of the date of filing the refund claim. The Tribunal emphasized that interest liability arises if the refundable amount is not paid within three months from the final assessment, dismissing the Revenue's arguments on interest liability and unjust enrichment. en-us Tue, 08 Jan 2013 00:00:00 +0530 Wed, 18 Sep 2013 08:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237113 The Tribunal upheld the Respondent's entitlement to interest on delayed payment of excess customs duty, rejecting the Revenue's appeal. The decision affirmed the First Appellate Authority's ruling that interest is payable under Section 18(4) of the Customs Act, irrespective of the date of filing the refund claim. The Tribunal emphasized that interest liability arises if the refundable amount is not paid within three months from the final assessment, dismissing the Revenue's arguments on interest liability and unjust enrichment. Case-Laws Customs Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237113