https://www.taxtmi.com/caselaws?id=354615 The Court granted the petitioner's claim for interest on duty refund under Sections 27 and 27A of the Customs Act, 1962. The Court ruled that interest should accrue from 90 days after the application date, rejecting the respondents' argument for interest from the final order date. Drawing on the Central Excise Act, the Court held that interest on delayed refunds starts accruing after three months from the application date. The judgment favored the petitioner, directing the respondents to pay interest from the application date until payment, with no costs imposed on either party. en-us Thu, 18 Jan 2018 00:00:00 +0530 Sat, 08 Sep 2018 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354615 The Court granted the petitioner's claim for interest on duty refund under Sections 27 and 27A of the Customs Act, 1962. The Court ruled that interest should accrue from 90 days after the application date, rejecting the respondents' argument for interest from the final order date. Drawing on the Central Excise Act, the Court held that interest on delayed refunds starts accruing after three months from the application date. The judgment favored the petitioner, directing the respondents to pay interest from the application date until payment, with no costs imposed on either party. Case-Laws Customs Thu, 18 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354615