https://www.taxtmi.com/caselaws?id=92607 Interest on warehoused goods is payable only after customs duty becomes quantifiable on clearance, because the applicable rate and duty liability are determined at that stage under Section 61 of the Customs Act, 1962. Where the warehousing period has been extended and clearance has not yet occurred, a demand for interest before quantification of duty is premature. On that basis, coercive recovery measures under Section 72 are inconsistent with the statutory scheme and should be withheld until the appeal is decided. en-us Tue, 02 Nov 1999 00:00:00 +0530 Wed, 02 Nov 2011 17:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=92607 Interest on warehoused goods is payable only after customs duty becomes quantifiable on clearance, because the applicable rate and duty liability are determined at that stage under Section 61 of the Customs Act, 1962. Where the warehousing period has been extended and clearance has not yet occurred, a demand for interest before quantification of duty is premature. On that basis, coercive recovery measures under Section 72 are inconsistent with the statutory scheme and should be withheld until the appeal is decided. Case-Laws Central Excise Tue, 02 Nov 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=92607