https://www.taxtmi.com/caselaws?id=770394 The SC Tribunal held that interest is payable on pre-deposit refunds under section 129-EE of the Customs Act, even for penalty amounts. The Tribunal distinguished prior SC precedents and directed the Department to pay interest from three months after the appellate order. The ruling mandates interest payment and allows potential recovery from defaulting officials responsible for delay in refunding pre-deposited amounts. en-us Tue, 06 May 2025 00:00:00 +0530 Sat, 10 May 2025 08:37:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770394 The SC Tribunal held that interest is payable on pre-deposit refunds under section 129-EE of the Customs Act, even for penalty amounts. The Tribunal distinguished prior SC precedents and directed the Department to pay interest from three months after the appellate order. The ruling mandates interest payment and allows potential recovery from defaulting officials responsible for delay in refunding pre-deposited amounts. Case-Laws Customs Tue, 06 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770394