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    <title>Interest on delayed refunds of deposits– reg.</title>
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    <description>Clarifies that interest for delayed refunds under the Customs framework applies to duty and drawback refunds but is not payable on refunds of deposits such as security deposits or project import deposits; reiterates that refund claims must be finalised promptly, normally settled at the Assistant Commissioner level, with speedy pre audit and cheque issuance.</description>
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    <pubDate>Mon, 31 Oct 2016 00:00:00 +0530</pubDate>
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      <title>Interest on delayed refunds of deposits– reg.</title>
      <link>https://www.taxtmi.com/circulars?id=55189</link>
      <description>Clarifies that interest for delayed refunds under the Customs framework applies to duty and drawback refunds but is not payable on refunds of deposits such as security deposits or project import deposits; reiterates that refund claims must be finalised promptly, normally settled at the Assistant Commissioner level, with speedy pre audit and cheque issuance.</description>
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      <pubDate>Mon, 31 Oct 2016 00:00:00 +0530</pubDate>
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