https://www.taxtmi.com/caselaws?id=124844 The Tribunal upheld the Commissioner (Appeals) decision regarding the interest applicable to warehoused goods under Customs Notification No. 23/01-Cus. dated 22-5-2001. It was established that the interest-free period reduction to 30 days applied only to goods warehoused post 1-6-2001, leading to the rejection of the Revenue's appeal for a refund of Rs. 23,17,791/-. The Tribunal's decision was supported by precedents and upheld by the Hon'ble Karnataka High Court. en-us Thu, 20 Nov 2008 00:00:00 +0530 Tue, 16 Oct 2012 14:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124844 The Tribunal upheld the Commissioner (Appeals) decision regarding the interest applicable to warehoused goods under Customs Notification No. 23/01-Cus. dated 22-5-2001. It was established that the interest-free period reduction to 30 days applied only to goods warehoused post 1-6-2001, leading to the rejection of the Revenue's appeal for a refund of Rs. 23,17,791/-. The Tribunal's decision was supported by precedents and upheld by the Hon'ble Karnataka High Court. Case-Laws Central Excise Thu, 20 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124844