Delay of 253 Days in Granting Refund of Customs Duty: CESTAT Confirms Interest at 6% for Delay upto Date of Sanctioning Refund [Read Order]

By Kalyani B. Nair - On September 6, 2023 11:00 am - 2 mins read
Delay of 253 Days in Granting Refund of Customs Duty - CESTAT Confirms Interest - Delay upto Date of Sanctioning Refund - TAXSCAN

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), confirmed an interest at 6% for delay upto date of sanctioning refund as there was a delay of 253 days in granting refund of customs duty. The appellant M/s.Nanda Agency House Shipping Services Pvt. Ltd. filed Bill of Entry for clearance of…

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