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“Indirect Tax I Arbitration I Insolvency Advisory I Litigations”

Dated: 30.03.2024

Interest is payable on delayed refund by the Customs department even on the Pre-Deposit amounts

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In a significant ruling, the Delhi High Court, in the case of Raj Kumar Batra Vs Commissioner of Customs (Preventive), has emphasized the right of taxpayers to receive interest on delayed refunds under Section 27-A of the Customs Act. This decision underscores the judiciary’s commitment to ensuring that traders are not unfairly disadvantaged by the customs authorities withholding refunds.

The petitioner filed a Writ Petition, seeking instructions for the customs department to refund the pre-deposit amount of INR 9,30,000/- along with applicable interest, as per Central Board of Indirect Taxes and Customs (CBIC) Circular No. 984/08/2014-CX dated 16.09.2014. Additionally, the petitioner requested the refund of the seized cash amount of Rs. 14,10,990/- along with applicable interest, in compliance with Final Order No. 51110-51111 of 2022 dated 29.11.2022 issued by the Customs Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi.

Download the Delhi High court judgement below:

Source: Delhi High Court

Disclaimer:

The views expressed in the update are strictly personal, based on our understanding of the underlying law. We are not responsible for any injury, loss or cost arising to any person who refers to this update and acts or refrains from any act accordingly. We would suggest that detailed legal advice must be sought before relying on this update. NOTE: All Inquiries/Pro Bono Consulting are solicited via email only & it is a PAID Service only!

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