Interest on delayed refund of amount deposited under section 129E
Section 129EE of the Customs Act, 1962 deals with interest on delayed refund of amount deposited under section 129E. Where an amount deposited by the appellant under section 129E is required to be refunded consequent upon the order of the appellate authority, there shall be paid to the appellant interest at such rate, not below five per cent. The Act came into force on 01 Feb 1963.
1[129EE. Interest on delayed refund of amount deposited under section 129E.--Where an amount deposited by the appellant under section 129E is required to be refunded consequent upon the order of the appellate authority, there shall be paid to the appellant interest at such rate, not below five per cent. and not exceeding thirty-six per cent. per annum as is for the time being fixed by the Central Government, by notification in the Official Gazette, on such amount from the date of payment of the amount till, the date of refund of such amount:
Provided that the amount deposited under section 129E, prior to the commencement of the Finance (No.
2) Act, 2014 (25 of 2014), shall continue to be governed by the provisions of section 129EE as it stood before the commencement of the said Act.]
Section 129EE, The Customs Act, 1962 (Act 52 of 1962).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 129EE
What does Section 129EE of the Customs Act deal with?
Section 129EE of the Customs Act is headed "Interest on delayed refund of amount deposited under section 129E". [129EE. Interest on delayed refund of amount deposited under section 129E.--Where an amount deposited by the appellant under section 129E is required to be refunded consequent upon the order of the appellate authority, there shall be paid to the appellant interest at such rate, not below five per ce
How do I find court cases under Section 129EE of the Customs Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Customs Act 1962 129EE, section 129EE Customs Act 1962, section 129EE of the Customs Act. People searching for it also type 129ee customs act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 129EE of the Customs Act, and has it changed?
Its own text turns on section 129E (Deposit of certain percentage of duty demanded or penalty imposed before filing appeal), so none of them can safely be read on its own.
When did Section 129EE of the Customs Act come into force?
Section 129EE of the Customs Act, cited as Customs Act 1962 129EE, came into force on 01 Feb 1963, having been enacted on 13 Dec 1962. It is in force as at the date shown on this page.
Other sections of this Act
- 28. Recovery of duties not levied or not paid or short-levied or short-paid or erroneously refunded2145 words
- 2. Definitions1638 words
- 129A. Appeals to the Appellate Tribunal1170 words
- 27. Claim for refund of duty1060 words
- 127C. Procedure on receipt of an application under section 127B1056 words
- 138C. Admissibility of micro films, facsimile copies of documents and computer print outs as documents and as evidence872 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 14 Oct 2026. This page is not a substitute for legal advice.