https://www.taxtmi.com/caselaws?id=48948 Delayed customs refund under section 27A attracted statutory interest where the refund was not granted within three months from receipt of the refund application. The text states that the delay was unjustified and that interest became payable at the statutory rate from the expiry of the three-month period until actual payment. It also records a direction to release the duty component of the refund within the stipulated time if unpaid, with interest to be paid within one month. en-us Thu, 01 May 2003 00:00:00 +0530 Sat, 07 Aug 2010 13:32:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48948 Delayed customs refund under section 27A attracted statutory interest where the refund was not granted within three months from receipt of the refund application. The text states that the delay was unjustified and that interest became payable at the statutory rate from the expiry of the three-month period until actual payment. It also records a direction to release the duty component of the refund within the stipulated time if unpaid, with interest to be paid within one month. Case-Laws Customs Thu, 01 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48948