https://www.taxtmi.com/caselaws?id=774093 CESTAT Mumbai dismissed the Commissioner's appeal challenging interest on refund of revenue deposit. The Tribunal held that revenue deposits collected by SVB were unauthorized and entitled to refund with interest under section 27A of Customs Act, 1962. Since the original Tribunal order directing refund was not challenged, lower authorities were bound to implement it including interest component. The argument that section 27A was inapplicable to revenue deposit refunds was rejected as the point of no return was crossed by failure to challenge the Tribunal's clarification. Matter remanded to original authority for fresh decision on appeal regarding sanction limitations. en-us Mon, 02 Jun 2025 00:00:00 +0530 Thu, 03 Jul 2025 08:34:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774093 CESTAT Mumbai dismissed the Commissioner's appeal challenging interest on refund of revenue deposit. The Tribunal held that revenue deposits collected by SVB were unauthorized and entitled to refund with interest under section 27A of Customs Act, 1962. Since the original Tribunal order directing refund was not challenged, lower authorities were bound to implement it including interest component. The argument that section 27A was inapplicable to revenue deposit refunds was rejected as the point of no return was crossed by failure to challenge the Tribunal's clarification. Matter remanded to original authority for fresh decision on appeal regarding sanction limitations. Case-Laws Customs Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774093