https://www.taxtmi.com/caselaws?id=264915 The Tribunal allowed the appeal, holding that the appellant is entitled to interest on delayed refund sanction under Section 27(A) of the Customs Act if the refund is sanctioned beyond three months. The Tribunal rejected the argument based on the appellant's disclaimer of interest, emphasizing that such disclaimer lacks legal basis. The case was remanded to the original adjudicating authority for reevaluation of the interest claim, with directions to consider the Tribunal's findings and provide a reasonable opportunity to the appellant. en-us Mon, 15 Dec 2014 00:00:00 +0530 Sun, 04 Oct 2015 12:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264915 The Tribunal allowed the appeal, holding that the appellant is entitled to interest on delayed refund sanction under Section 27(A) of the Customs Act if the refund is sanctioned beyond three months. The Tribunal rejected the argument based on the appellant's disclaimer of interest, emphasizing that such disclaimer lacks legal basis. The case was remanded to the original adjudicating authority for reevaluation of the interest claim, with directions to consider the Tribunal's findings and provide a reasonable opportunity to the appellant. Case-Laws Customs Mon, 15 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264915