https://www.taxtmi.com/caselaws?id=763172 CESTAT Ahmedabad held that appellant was entitled to interest on sanctioned refund calculated from three months after application date, not from the date of Commissioner (Appeals) remand order. The tribunal found that the explanation to Section 27A was inapplicable since refund sanction was passed by Deputy Commissioner of Customs. Following SC precedent in Ranbaxy Laboratories, interest liability commences three months from application receipt date, not from refund order date. The impugned order was set aside and appeal allowed. en-us Thu, 12 Dec 2024 00:00:00 +0530 Fri, 13 Dec 2024 19:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763172 CESTAT Ahmedabad held that appellant was entitled to interest on sanctioned refund calculated from three months after application date, not from the date of Commissioner (Appeals) remand order. The tribunal found that the explanation to Section 27A was inapplicable since refund sanction was passed by Deputy Commissioner of Customs. Following SC precedent in Ranbaxy Laboratories, interest liability commences three months from application receipt date, not from refund order date. The impugned order was set aside and appeal allowed. Case-Laws Customs Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763172