https://www.taxtmi.com/caselaws?id=760135 Bombay HC held that interest on delayed refund of Special Additional Duty under Sections 27 and 27A of Customs Act, 1962 must be calculated from the original refund application date, not from a subsequent follow-up letter. The court rejected revenue's argument that interest should commence only from the reminder application, ruling that a follow-up letter cannot be construed as a fresh refund application. Citing SC precedent in Union of India vs. Hamdard Laboratories, the court emphasized statutory liability for interest payment at 6% per annum from the original application date. The petitioner was awarded interest of Rs. 4,21,940 on delayed refund, payable within two months. en-us Tue, 15 Oct 2024 00:00:00 +0530 Mon, 09 Jun 2025 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760135 Bombay HC held that interest on delayed refund of Special Additional Duty under Sections 27 and 27A of Customs Act, 1962 must be calculated from the original refund application date, not from a subsequent follow-up letter. The court rejected revenue's argument that interest should commence only from the reminder application, ruling that a follow-up letter cannot be construed as a fresh refund application. Citing SC precedent in Union of India vs. Hamdard Laboratories, the court emphasized statutory liability for interest payment at 6% per annum from the original application date. The petitioner was awarded interest of Rs. 4,21,940 on delayed refund, payable within two months. Case-Laws Customs Tue, 15 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760135