https://www.taxtmi.com/caselaws?id=268584 The Tribunal ruled in favor of the appellant, allowing their claim for interest on the delayed refund of duty amounting to Rs. 30,53,905/-, emphasizing that the payment made was towards duty under Section 28 of the Customs Act, 1962. The Tribunal found the appellant entitled to interest under Section 27A from December 1995 until the actual refund payment date, rejecting the Revenue's argument that the payment was a deposit. The decision was supported by legal provisions and precedents, ensuring the appellant's right to interest as per the law. en-us Thu, 18 Jun 2015 00:00:00 +0530 Thu, 25 Feb 2016 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268584 The Tribunal ruled in favor of the appellant, allowing their claim for interest on the delayed refund of duty amounting to Rs. 30,53,905/-, emphasizing that the payment made was towards duty under Section 28 of the Customs Act, 1962. The Tribunal found the appellant entitled to interest under Section 27A from December 1995 until the actual refund payment date, rejecting the Revenue's argument that the payment was a deposit. The decision was supported by legal provisions and precedents, ensuring the appellant's right to interest as per the law. Case-Laws Customs Thu, 18 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268584