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    <title>2025 (11) TMI 323 - MADRAS HIGH COURT</title>
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    <description>Madras HC held that Section 75A mandates payment of interest on drawback from the date of filing the claim (12.12.1994) after one month until actual payment, and rejected the authorities&#039; narrower interpretation that interest accrues only from sanction date. The court set aside the impugned proceedings of 13.6.2024 and directed the respondents to pay statutory interest at the rate under Section 27A on the drawback from 12.12.1994 until payment, finding the delay not attributable to the claimant and emphasizing the statutory right to interest. The petition was allowed.</description>
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    <pubDate>Wed, 05 Nov 2025 00:00:00 +0530</pubDate>
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      <title>2025 (11) TMI 323 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=780855</link>
      <description>Madras HC held that Section 75A mandates payment of interest on drawback from the date of filing the claim (12.12.1994) after one month until actual payment, and rejected the authorities&#039; narrower interpretation that interest accrues only from sanction date. The court set aside the impugned proceedings of 13.6.2024 and directed the respondents to pay statutory interest at the rate under Section 27A on the drawback from 12.12.1994 until payment, finding the delay not attributable to the claimant and emphasizing the statutory right to interest. The petition was allowed.</description>
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      <pubDate>Wed, 05 Nov 2025 00:00:00 +0530</pubDate>
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