https://www.taxtmi.com/caselaws?id=154878 The Tribunal ruled in favor of the appellant, an export-oriented unit, in a case concerning liability to pay interest on duty-free goods warehoused in the unit. Citing exemption notifications and legal provisions, the Tribunal held that the unit was not liable to pay interest during the warehousing period. Referring to a previous decision and High Court affirmation, the Tribunal set aside the order confirming the interest demand, allowing the appeal in favor of the appellant. Consequently, the export-oriented unit was not required to pay interest for the period the capital goods were warehoused. en-us Mon, 14 Sep 2009 00:00:00 +0530 Fri, 22 Sep 2017 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154878 The Tribunal ruled in favor of the appellant, an export-oriented unit, in a case concerning liability to pay interest on duty-free goods warehoused in the unit. Citing exemption notifications and legal provisions, the Tribunal held that the unit was not liable to pay interest during the warehousing period. Referring to a previous decision and High Court affirmation, the Tribunal set aside the order confirming the interest demand, allowing the appeal in favor of the appellant. Consequently, the export-oriented unit was not required to pay interest for the period the capital goods were warehoused. Case-Laws Customs Mon, 14 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154878