https://www.taxtmi.com/caselaws?id=797211 Interest on delayed customs-duty refunds commences immediately after expiry of three months from receipt of the initial valid refund application, even where reassessment of bills of entry remains pending. Delayed reassessment or refund processing attributable to Revenue cannot defer the statutory interest commencement date. For prolonged withholding of the refund, jurisdictional precedent supports interest at 12% per annum rather than 6%, with adjustment for interest already paid. The stated position preserves the interest period beginning after the statutory three-month window and requires payment of the differential interest on the delayed refund. en-us Tue, 18 Aug 2026 00:00:00 +0530 Wed, 19 Aug 2026 08:20:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797211 Interest on delayed customs-duty refunds commences immediately after expiry of three months from receipt of the initial valid refund application, even where reassessment of bills of entry remains pending. Delayed reassessment or refund processing attributable to Revenue cannot defer the statutory interest commencement date. For prolonged withholding of the refund, jurisdictional precedent supports interest at 12% per annum rather than 6%, with adjustment for interest already paid. The stated position preserves the interest period beginning after the statutory three-month window and requires payment of the differential interest on the delayed refund. Case-Laws Customs Tue, 18 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797211