https://www.taxtmi.com/caselaws?id=382366 The Court held that interest on delayed refund under Section 27A of the Customs Act, 1962 becomes payable from three months after the refund application date. Citing precedent cases, the Court rejected the respondents' argument that interest is only payable from the refund order date. The Court granted the petitioners' request for interest on the refund amount from 11th January 2008 to 4th December 2016, issuing a writ of mandamus for the payment of interest within two months. The Court also dismissed the respondents' contention regarding the nature of the petitioners' deposits, affirming the petitioners' entitlement to the refund with interest. en-us Wed, 19 Jun 2019 00:00:00 +0530 Tue, 12 Nov 2019 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382366 The Court held that interest on delayed refund under Section 27A of the Customs Act, 1962 becomes payable from three months after the refund application date. Citing precedent cases, the Court rejected the respondents' argument that interest is only payable from the refund order date. The Court granted the petitioners' request for interest on the refund amount from 11th January 2008 to 4th December 2016, issuing a writ of mandamus for the payment of interest within two months. The Court also dismissed the respondents' contention regarding the nature of the petitioners' deposits, affirming the petitioners' entitlement to the refund with interest. Case-Laws Customs Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382366