The court viewed that the appellant is entitled to interest on the amount that was illegally confiscated by the Revenue and ultimately refunded
The Delhi High Court has held that the assessee is entitled to interest on delayed refund under section 27-A of the Customs Act, 1962. It was found that Section 27-A provides for the payment of interest on the delayed refund on customs duty. It is manifest that the deposit of penalty, redemption money or bank…
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