https://www.taxtmi.com/caselaws?id=380153 The Supreme Court dismissed the Revenue's appeals challenging interest payment on refunds under the Customs Act. The court clarified that interest liability starts from the refund application date, not the date of original or appellate orders. It upheld CESTAT's decision for interest payment from the expiry of 90 days from the refund application. The court emphasized adherence to statutory timelines for interest calculation and directed the Department to calculate and disburse the interest promptly. en-us Tue, 18 Dec 2018 00:00:00 +0530 Wed, 13 Nov 2019 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380153 The Supreme Court dismissed the Revenue's appeals challenging interest payment on refunds under the Customs Act. The court clarified that interest liability starts from the refund application date, not the date of original or appellate orders. It upheld CESTAT's decision for interest payment from the expiry of 90 days from the refund application. The court emphasized adherence to statutory timelines for interest calculation and directed the Department to calculate and disburse the interest promptly. Case-Laws Customs Tue, 18 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380153