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Customs - Highlights / Catch Notes

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Calculation of interest on delayed refund - relevant date - As ...


Tribunal Rules: Interest Claims on Delayed Refunds Start Three Months Post-Claim, Defects Seen as Irregularities.

May 18, 2020

Case Laws     Customs     HC

Calculation of interest on delayed refund - relevant date - As rightly held by the Tribunal cause of action for claiming interest would arise after 3 months from the date of filing of said refund claim. If at all the application is defective, it would only be an irregularity not illegality.

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