https://www.taxtmi.com/caselaws?id=793524 A refundable Extra Duty Deposit collected during provisional customs assessment was treated as due for refund once the provisional assessments were finalised and the declared transaction value was accepted. Because the refund applications remained unpaid beyond the statutory period, interest under Section 27A of the Customs Act was held payable. The tribunal also held that the Consumer Welfare Fund objection did not defeat interest once refund was otherwise due. Interest ran from the expiry of three months after finalisation of assessment and continued until actual refund, and the denial of interest was set aside. en-us Mon, 15 Jun 2026 00:00:00 +0530 Thu, 18 Jun 2026 08:45:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793524 A refundable Extra Duty Deposit collected during provisional customs assessment was treated as due for refund once the provisional assessments were finalised and the declared transaction value was accepted. Because the refund applications remained unpaid beyond the statutory period, interest under Section 27A of the Customs Act was held payable. The tribunal also held that the Consumer Welfare Fund objection did not defeat interest once refund was otherwise due. Interest ran from the expiry of three months after finalisation of assessment and continued until actual refund, and the denial of interest was set aside. Case-Laws Customs Mon, 15 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793524