Interest on customs refund was not automatic depends on delay in processing

Jaina Marketing And Associates Vs Union of India And Ors (Delhi High Court) Conclusion: Interest on customs refund was not automatic and depends on whether there was delay in processing attributable to the department, while granting relief in cases where reassessment and refund were delayed and denying it where refunds were issued within the statutory period. Held: Assessees imported mobile devices and paid excess customs duty (CVD) due to inability to claim concessional rate on the EDI system. Upon re-assessment and appellate proceedings, substantial refunds were granted, but interest on such...