https://www.taxtmi.com/caselaws?id=406735 The Tribunal ruled in favor of the appellant, holding that the denial of interest on the refund claim of Rs. 25 lakhs was unjustified. It found that the amount deposited during the investigation was not towards any duty liability, and therefore, the sanction of refund under Section 129E of the Customs Act was valid. The Tribunal emphasized the obligation to refund any deposit with interest and granted consequential relief to the appellant. en-us Mon, 29 Mar 2021 00:00:00 +0530 Fri, 14 Jan 2022 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406735 The Tribunal ruled in favor of the appellant, holding that the denial of interest on the refund claim of Rs. 25 lakhs was unjustified. It found that the amount deposited during the investigation was not towards any duty liability, and therefore, the sanction of refund under Section 129E of the Customs Act was valid. The Tribunal emphasized the obligation to refund any deposit with interest and granted consequential relief to the appellant. Case-Laws Customs Mon, 29 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406735