Tribunal Grants Interest on Refunds from Deposit Date After Overturned Duty Assessment Increase.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Interest for delay in sanction of refund - The appellant contested the duty assessment, arguing that the amounts paid were arbitrarily enhanced and later set aside by the Commissioner (Appeals). The Tribunal found in favor of the appellant, holding that they were entitled to interest on the refunded amounts from the date of deposit until disbursement.....