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Customs - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Interest on delayed refund - limitation for Refund of Special ...

Customs

June 27, 2019

Interest on delayed refund - limitation for Refund of Special Excise Duty and excess payment of CVD - refund has been sanctioned but has not been refunded within 3 months from the date of receipt of application - as per Section 27(a) being a statutory mandate, the Department is liable to pay the interest on the sanctioned amount for the delayed period

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