CESTAT Upholds Rejection of Refund Claim as Time-Barred, Dismisses Appeal Citing Binding Limitation Under S.102

CESTAT Upholds Rejection of Refund Claim as Time-Barred; Dismisses Appeal Citing Binding Limitation Under S. 27 The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has upheld the rejection of a refund claim, dismissing the appeal on the grounds that it was time-barred. The tribunal cited the binding limitation period stipulated under Section 27 of the Customs Act, which prescribes the time limit for filing refund applications. This decision reinforces the strict adherence to statutory timelines for claiming refunds, emphasizing that procedural diligence is crucial for taxpayers.