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2020 (1) TMI 438 - MADRAS HIGH COURTRefund the amount deposited for the purposes of import - finalization of provisional assessment - time limitation - stand of the Revenue is that there is no time limit for finalisation of the provisional assessments and hence there is no limitation that would apply. HELD THAT:- This very issue has been settled by the Board even as early as in 2007, in favour of the assessee. There is thus no justification for the respondents in the present case to have tarried so long and to delay finalisation of assessments as well as consequential refunds to the petitioner. The refund will be paid over to the petitioner within a period of four weeks from date of receipt of copy of this order along with interest in terms of Section 27(a) of the Customs Act, computed from three (3) months from 17.12.2007 being date of receipt of the application in respect of one claim and three (3) months from 10.09.2007 in regard to the other claim - petition allowed.
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