https://www.taxtmi.com/caselaws?id=99443 Where seized Indian currency is directed to be released, any interest actually earned by the department on that currency is also refundable to the applicant. The Tribunal noted that the record did not clearly establish whether the currency had been deposited in a bank or had generated interest, but accepted the principle that, if the department had earned interest on the seized amount, that interest must be paid over together with the principal on release. The operative effect is that refund relief extends to both the seized currency and the interest actually accrued, if any. en-us Tue, 30 Jan 2001 00:00:00 +0530 Fri, 27 Jan 2012 13:19:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99443 Where seized Indian currency is directed to be released, any interest actually earned by the department on that currency is also refundable to the applicant. The Tribunal noted that the record did not clearly establish whether the currency had been deposited in a bank or had generated interest, but accepted the principle that, if the department had earned interest on the seized amount, that interest must be paid over together with the principal on release. The operative effect is that refund relief extends to both the seized currency and the interest actually accrued, if any. Case-Laws Customs Tue, 30 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99443