Entitlement for interest on refund - finalizing the assessment ...

Appellant Denied Interest on Refund Issued Within Three-Month Period u/s 18(4) of Customs Act.

September 14, 2023

Case Laws Customs AT

Entitlement for interest on refund - finalizing the assessment after delay of 8 years - The appellant is entitled to interest if the refund is payable after the expiry of 3 months from the date of final assessment as per Section 18 (4) of the Customs Act whereas in the present case the refund was granted within 3 months as prescribed under Section 18 (4) of the Act. Therefore the appellant is not entitled to any interest in view of the statutory provisions - AT

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Entitlement for interest on refund - finalizing the assessment ...

Appellant Denied Interest on Refund Issued Within Three-Month Period u/s 18(4) of Customs Act.

September 14, 2023

Case Laws Customs AT

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