https://www.taxtmi.com/caselaws?id=41957 The Court found in favor of the petitioner in a case concerning a refund of custom duty with interest. The Court held that the Customs Authorities were obligated to refund the amount due since the Collector (Appeals) ruled in favor of the petitioner in 1983. The Court ordered the respondents to pay the refund amount of Rs. 2,21,910.30p along with simple interest at 12% per annum from 1983 until the actual payment, within two weeks of the Court's order. The Court emphasized the entitlement to interest for the unauthorized withholding of funds, highlighting the importance of promptly refunding duties after a favorable decision. en-us Fri, 06 Mar 1987 00:00:00 +0530 Tue, 08 Jun 2010 12:12:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=41957 The Court found in favor of the petitioner in a case concerning a refund of custom duty with interest. The Court held that the Customs Authorities were obligated to refund the amount due since the Collector (Appeals) ruled in favor of the petitioner in 1983. The Court ordered the respondents to pay the refund amount of Rs. 2,21,910.30p along with simple interest at 12% per annum from 1983 until the actual payment, within two weeks of the Court's order. The Court emphasized the entitlement to interest for the unauthorized withholding of funds, highlighting the importance of promptly refunding duties after a favorable decision. Case-Laws Customs Fri, 06 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=41957