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Commr. of Customs (Port) , Kolkata Versus M/s. Assam Company (India) Ltd.

Interest on delayed refunds - the original order of assessment was passed as early as 6/1/1995. The refund claim of the respondent was originally made before the authorities on 7/10/1996 - The adjudication of the dispute has a checkered history - Held that - The question of payment of interest by revenue authorities for delayed payment of interest has come up before the Hon ble Supreme Court in the case of Ranbaxy Laboratories Ltd. 2011 (10) TMI 16 - Supreme Court of India , where it was held th....... + More

 

 

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