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My rights for refund by not accepting delivery

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Hi, I ordered an item on eBay. I needed it by a certain date. Originally it was supposed to arrive between 14-16 March. However, now it's 18 March. If it doesn't arrive today, I will have to order from another supplier and get Sunday delivery - tomorrow. I need this for a project which has a schedule.

I am assuming the item will eventually arrive. And then I'll need to incur postage cost to send it back, If I refuse to accept delivery of the item, I assume the item will go back to the seller. Will it risk me getting my refund? Do you think it could delay my refund? Is it okay and acceptable not to accept delivery?

Thank you.

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