https://www.taxtmi.com/caselaws?id=345953 The court ruled in favor of the appellants, holding that they are entitled to claim interest on delayed refunds under Notification No.102/2007-Cus after three months from filing the refund claims. The court emphasized that interest provisions under the Customs Act should be followed for refund claims, and denying interest on delayed refunds contradicts statutory provisions. The Circular disallowing interest was deemed inappropriate, and the appeals were allowed with consequential relief, highlighting the importance of adhering to statutory provisions for refund claims and interest on delayed refunds as per the Customs Act. en-us Thu, 13 Jul 2017 00:00:00 +0530 Sat, 02 Sep 2017 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345953 The court ruled in favor of the appellants, holding that they are entitled to claim interest on delayed refunds under Notification No.102/2007-Cus after three months from filing the refund claims. The court emphasized that interest provisions under the Customs Act should be followed for refund claims, and denying interest on delayed refunds contradicts statutory provisions. The Circular disallowing interest was deemed inappropriate, and the appeals were allowed with consequential relief, highlighting the importance of adhering to statutory provisions for refund claims and interest on delayed refunds as per the Customs Act. Case-Laws Customs Thu, 13 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345953