Home Case Index All Cases Customs Customs + AT Customs - 2018 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (6) TMI 1308 - AT - CustomsInterest on delayed refund - Refund of SAD - section 27A of the Customs Act - Interest denied on the ground that refund was sanctioned within the time period - Held that:- Section 27A of this Act provides for payment of interest if the refund is not made within 3 months from the date of application of refund. There is no amendment to Section 11B of the Central Excise Act which allowed greater latitude to the appellant to file a refund claim will have a bearing on Section 27A of the Customs Act. In fact, Section 11BB of the Central Excise Act as well as Section 27A of the Customs Act are similarly worded and both provide for payment of interest if the refund is not given within three months of an application. It does not matter whether the refund is sanctioned by the Assistant Commissioner himself or on an appeal by the Commissioner (Appeals), Appellate Tribunal or any Court. Appeal allowed - decided in favor of appellant.
|