https://www.taxtmi.com/highlights?id=49796 Interest on delayed refund - scope of 'duty' and 'deposit' - an amount determined as 'duty' by processing the Bill of Entry and collected by the Revenue can never be termed as a “deposit”, even assuming that such collection, later, is found to be either unlawful or excessive - the claim of the Revenue that the amount collected was only a “deposit” and not “duty”, is factually incorrect and thus liable to be rejected. en-us Sat, 19 Oct 2019 12:54:11 +0530 Sat, 19 Oct 2019 12:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49796 Interest on delayed refund - scope of 'duty' and 'deposit' - an amount determined as 'duty' by processing the Bill of Entry and collected by the Revenue can never be termed as a “deposit”, even assuming that such collection, later, is found to be either unlawful or excessive - the claim of the Revenue that the amount collected was only a “deposit” and not “duty”, is factually incorrect and thus liable to be rejected. Highlights Customs Sat, 19 Oct 2019 12:54:11 +0530 https://www.taxtmi.com/highlights?id=49796