https://www.taxtmi.com/caselaws?id=789942 Interest on delayed customs refund was held payable where excess duty had been collected and retained during a classification dispute later resolved in favour of the importer. Applying the customs refund framework and Section 27A, the decision treated the refund liability as relating back to the date of collection and accepted that money retained without authority of law may attract reasonable interest. The first appellate order granting interest at 12% per annum was found consistent with settled precedent, and the Revenue's challenge failed. en-us Mon, 13 Apr 2026 00:00:00 +0530 Fri, 17 Apr 2026 08:21:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789942 Interest on delayed customs refund was held payable where excess duty had been collected and retained during a classification dispute later resolved in favour of the importer. Applying the customs refund framework and Section 27A, the decision treated the refund liability as relating back to the date of collection and accepted that money retained without authority of law may attract reasonable interest. The first appellate order granting interest at 12% per annum was found consistent with settled precedent, and the Revenue's challenge failed. Case-Laws Customs Mon, 13 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789942