https://www.taxtmi.com/caselaws?id=44623 The High Court allowed the petitioner's appeal for refund of duty, fine, and penalty wrongfully collected, directing Customs Authorities to pay the principal sum of Rs. 1,64,963.33p. with statutory interest under Section 27A of the Customs Act at a rate of 15% per annum since April 6, 1992, within a month. The Court emphasized the entitlement to interest due to the delay in payment, deeming the statements in the writ application regarding the refund application as admitted and true, and rejected a stay on the order, instructing compliance by all parties. en-us Tue, 06 Aug 1996 00:00:00 +0530 Thu, 01 Jul 2010 13:15:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44623 The High Court allowed the petitioner's appeal for refund of duty, fine, and penalty wrongfully collected, directing Customs Authorities to pay the principal sum of Rs. 1,64,963.33p. with statutory interest under Section 27A of the Customs Act at a rate of 15% per annum since April 6, 1992, within a month. The Court emphasized the entitlement to interest due to the delay in payment, deeming the statements in the writ application regarding the refund application as admitted and true, and rejected a stay on the order, instructing compliance by all parties. Case-Laws Customs Tue, 06 Aug 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44623