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    <title>Interest on delayed refunds</title>
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    <description>Interest is payable on customs duty ordered to be refunded under section 27(2) if the refund is not made within three months from receipt of the refund application under section 27(1). The interest runs from the day after expiry of the three-month period until refund, at a rate notified by the Central Government within the prescribed statutory range. Appellate or court refund orders are treated as orders under section 27(2) for this purpose.</description>
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      <title>Interest on delayed refunds</title>
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      <description>Interest is payable on customs duty ordered to be refunded under section 27(2) if the refund is not made within three months from receipt of the refund application under section 27(1). The interest runs from the day after expiry of the three-month period until refund, at a rate notified by the Central Government within the prescribed statutory range. Appellate or court refund orders are treated as orders under section 27(2) for this purpose.</description>
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