https://www.taxtmi.com/caselaws?id=91356 Interest actually earned by the Department on seized Indian currency, once that currency was released to the assessee, could not be retained where the seized amount was not liable to confiscation. The text states that the rectification application was based on the omission to deal with the refund claim for interest, and that the cited decisions treated the Department as unable to keep the earnings generated while the money remained with the bank. The operative result was that any interest actually earned was directed to be refunded to the appellant together with the seized currency. en-us Tue, 16 Feb 1999 00:00:00 +0530 Mon, 17 Oct 2011 15:04:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91356 Interest actually earned by the Department on seized Indian currency, once that currency was released to the assessee, could not be retained where the seized amount was not liable to confiscation. The text states that the rectification application was based on the omission to deal with the refund claim for interest, and that the cited decisions treated the Department as unable to keep the earnings generated while the money remained with the bank. The operative result was that any interest actually earned was directed to be refunded to the appellant together with the seized currency. Case-Laws Central Excise Tue, 16 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91356