https://www.taxtmi.com/caselaws?id=46687 The Court found in favor of the petitioners, a partnership firm, in a case involving the arbitrary withholding of a refund by the Customs Department. Despite a refund order being prepared, the refund was not issued, prompting the petitioners to seek judicial intervention. The Court held that the respondents could not retain the refund amount and directed its deposit with the Court. Additionally, the Court granted the petitioners interest on the delayed refund at a rate of 6% per annum, with a provision for increased interest if not paid within 60 days. en-us Mon, 14 Jul 2003 00:00:00 +0530 Fri, 23 Jul 2010 12:57:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46687 The Court found in favor of the petitioners, a partnership firm, in a case involving the arbitrary withholding of a refund by the Customs Department. Despite a refund order being prepared, the refund was not issued, prompting the petitioners to seek judicial intervention. The Court held that the respondents could not retain the refund amount and directed its deposit with the Court. Additionally, the Court granted the petitioners interest on the delayed refund at a rate of 6% per annum, with a provision for increased interest if not paid within 60 days. Case-Laws Customs Mon, 14 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46687