https://www.taxtmi.com/caselaws?id=382171 The Tribunal allowed the appeal, setting aside the rejection of interest on the sanctioned refund amount. It held that the appellant was entitled to interest due to the delay in sanctioning the refund claim, despite the Department's reliance on statutory provisions. The Tribunal clarified the interpretation of relevant sections of the Customs Act, emphasizing the claimant's right to interest for delayed refunds. Ultimately, the Department was deemed liable to pay interest on the sanctioned amount for the delayed period, ruling in favor of the appellant. en-us Mon, 24 Jun 2019 00:00:00 +0530 Sat, 14 Mar 2020 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382171 The Tribunal allowed the appeal, setting aside the rejection of interest on the sanctioned refund amount. It held that the appellant was entitled to interest due to the delay in sanctioning the refund claim, despite the Department's reliance on statutory provisions. The Tribunal clarified the interpretation of relevant sections of the Customs Act, emphasizing the claimant's right to interest for delayed refunds. Ultimately, the Department was deemed liable to pay interest on the sanctioned amount for the delayed period, ruling in favor of the appellant. Case-Laws Customs Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382171