J the App
HomeWhat We DoFeaturesPostsDownload App
HomeWhat We DoFeaturesPosts
Download App
Terms|Privacy

JustIDT Solutions Private Limited © 2026

  1. Home
  2. Posts
  3. Indirect Tax
  4. CESTAT directs 12 percent Interest entitlement for delayed refunds
Customs DutyArticle·31 July 2026

CESTAT directs 12 percent Interest entitlement for delayed refunds

By J the App

Executive Summary

The CESTAT, Kolkata held that delayed refund of amounts deposited during investigation carries interest at 12% and not 6%. 

The Tribunal followed the binding precedent of the Calcutta High Court and directed payment of interest at the higher rate.

Domain | Indirect Tax | Customs

Background

The appellant had imported mixed ...

Read the full article in the app

This is a premium article. Download J the App to read the complete content.

Read in the App

Get the full experience with comments, likes, and more in the app.

Open in App
App StoreGoogle Play