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The Orissa High Court has directed the Customs Department to pay 6% interest on delayed customs refunds to Indian mining major Vedanta. In a significant ruling that upheld taxpayers right to avail interest on delayed refunds, the Orissa HC on 09.05.2025 ruled in favour of Vedanta owing to a provisional assessment by custom authorities that took nearly 14 years to finalise.
Day 11 article out of 30 articles in 30 days. This one is on Refund handbook
To help passengers get timely refunds for failed custom payment transactions the customs department has released an advisory outlining the guidelines. These guidelines relate to how passengers can get refunds for failed customs duty payment transactions done through the ICEGATE portal. Do note that this advisory is relevant for only those international travellers, who have brought goods from abroad above the duty free baggage limit of that respective good. For example: Gold above the value worth Rs 50,000 is over the baggage limit and so customs duty must be paid.
