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Customs - Highlights / Catch Notes

Home Highlights May 2024 Year 2024 This

Interest for delay in sanction of refund - The appellant ...


Tribunal Grants Interest on Refunds from Deposit Date After Overturned Duty Assessment Increase.

May 11, 2024

Case Laws     Customs     AT

Interest for delay in sanction of refund - The appellant contested the duty assessment, arguing that the amounts paid were arbitrarily enhanced and later set aside by the Commissioner (Appeals). The Tribunal found in favor of the appellant, holding that they were entitled to interest on the refunded amounts from the date of deposit until disbursement.

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