https://www.taxtmi.com/caselaws?id=788953 Interest on customs refunds becomes payable only if a valid refund application is not acted upon within the statutory three-month period. Where refund applications were processed and sanctioned within that period, no interest was payable. In the connected matters, however, reassessment had been sought long earlier and departmental delay caused the refund orders to be passed well after the statutory period; in those circumstances, statutory interest was payable for the delayed period until actual refund. The overall result was partial: interest was denied in the first set of petitions and allowed in the connected petitions because the delay in reassessment and refund was attributable to the Department. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788953 Interest on customs refunds becomes payable only if a valid refund application is not acted upon within the statutory three-month period. Where refund applications were processed and sanctioned within that period, no interest was payable. In the connected matters, however, reassessment had been sought long earlier and departmental delay caused the refund orders to be passed well after the statutory period; in those circumstances, statutory interest was payable for the delayed period until actual refund. The overall result was partial: interest was denied in the first set of petitions and allowed in the connected petitions because the delay in reassessment and refund was attributable to the Department. Case-Laws Customs Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788953