Tribunal Rules: Interest Claims on Delayed Refunds Start Three Months Post-Claim, Defects Seen as Irregularities.

Tribunal Rules: Interest Claims on Delayed Refunds Start Three Months Post-Claim, Defects Seen as Irregularities. https://www.taxtmi.com/highlights?id=53418 Calculation of interest on delayed refund - relevant date - As rightly held by the Tribunal cause of action for claiming interest would arise after 3 months from the date of filing of said refund claim. If at all the application is defective, it would only be an irregularity not illegality. en-us Mon, 18 May 2020 12:03:55 +0530 Mon, 18 May 2020 12:03:55 +0530 TaxTMI RSS Generator Tribunal Rules: Interest Claims on Delayed Refunds Start Three Months Post-Claim, Defects Seen as Irregularities. https://www.taxtmi.com/highlights?id=53418 Calculation of interest on delayed refund - relevant date - As rightly held by the Tribunal cause of action for claiming interest would arise after 3 months from the date of filing of said refund claim. If at all the application is defective, it would only be an irregularity not illegality. Highlights Customs Mon, 18 May 2020 12:03:55 +0530 https://www.taxtmi.com/highlights?id=53418