https://www.taxtmi.com/caselaws?id=179801 The Tribunal upheld the rejection of the appellant's refund claim seeking a refund of interest paid, amounting to Rs. 1,58,21,959. The appellant's argument that interest on delayed payment of duty should not have been demanded before finalizing Bills of Entry in 2005 was dismissed. The Tribunal noted that most refund claims were time-barred except for the first and last payments of interest. The Tribunal found that interest became chargeable three months after the duty determination in 2003, regardless of the stay granted and vacated by CESTAT, and dismissed the appeal. en-us Wed, 01 Apr 2015 00:00:00 +0530 Thu, 10 Mar 2016 10:19:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179801 The Tribunal upheld the rejection of the appellant's refund claim seeking a refund of interest paid, amounting to Rs. 1,58,21,959. The appellant's argument that interest on delayed payment of duty should not have been demanded before finalizing Bills of Entry in 2005 was dismissed. The Tribunal noted that most refund claims were time-barred except for the first and last payments of interest. The Tribunal found that interest became chargeable three months after the duty determination in 2003, regardless of the stay granted and vacated by CESTAT, and dismissed the appeal. Case-Laws Customs Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179801