https://www.taxtmi.com/caselaws?id=758328 Delhi HC directed customs authorities to refund INR 1,50,00,000 deposited during investigation under Customs Act, 1962. The amounts were deposited under protest pending adjudication, which ultimately concluded in favor of the assessee. Court held no legal justification existed for authorities to retain the deposited amounts after favorable adjudication. Refund ordered with statutory interest until actual disbursement date. Petition allowed. en-us Wed, 21 Aug 2024 00:00:00 +0530 Thu, 12 Sep 2024 07:57:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758328 Delhi HC directed customs authorities to refund INR 1,50,00,000 deposited during investigation under Customs Act, 1962. The amounts were deposited under protest pending adjudication, which ultimately concluded in favor of the assessee. Court held no legal justification existed for authorities to retain the deposited amounts after favorable adjudication. Refund ordered with statutory interest until actual disbursement date. Petition allowed. Case-Laws Customs Wed, 21 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758328