https://www.taxtmi.com/caselaws?id=426879 The Tribunal ruled in favor of the appellant, determining their entitlement to interest under Section 27A of the Customs Act. The appellant was granted interest on the refunded amount from the date of deposit to the date of refund, specifically from 23.09.2015 to 11.03.2021, at a rate of 12% per annum. The Tribunal's decision overturned the Adjudicating Authority's rejection of interest, aligning with the appellant's argument supported by previous judicial precedents. en-us Wed, 03 Aug 2022 00:00:00 +0530 Fri, 26 Aug 2022 19:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426879 The Tribunal ruled in favor of the appellant, determining their entitlement to interest under Section 27A of the Customs Act. The appellant was granted interest on the refunded amount from the date of deposit to the date of refund, specifically from 23.09.2015 to 11.03.2021, at a rate of 12% per annum. The Tribunal's decision overturned the Adjudicating Authority's rejection of interest, aligning with the appellant's argument supported by previous judicial precedents. Case-Laws Customs Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426879