https://www.taxtmi.com/article/detailed?id=10102 The operative legal principle is that statutory interest on delayed refunds is computed from the expiry of the prescribed period counted from the date of receipt of the refund application, not from the date defects are removed; departments may not avoid interest liability by treating only defect-free re-submission as the operative filing date, and fiscal timelines must be strictly construed against such procedural tactics. en-us Tue, 07 Dec 2021 20:17:02 +0530 Tue, 07 Dec 2021 20:17:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10102 The operative legal principle is that statutory interest on delayed refunds is computed from the expiry of the prescribed period counted from the date of receipt of the refund application, not from the date defects are removed; departments may not avoid interest liability by treating only defect-free re-submission as the operative filing date, and fiscal timelines must be strictly construed against such procedural tactics. Articles Customs - Import - Export - SEZ Tue, 07 Dec 2021 20:17:02 +0530 https://www.taxtmi.com/article/detailed?id=10102