https://www.taxtmi.com/caselaws?id=213964 The High Court affirmed the appellant's liability to pay interest as per the undertaking given for imported goods under advance licenses. The Tribunal upheld the High Court's decision, emphasizing the contractual nature of the undertaking, and concluded that the appellant was obligated to pay the interest directed by the High Court. Therefore, the appeal was disposed of, confirming the appellant's obligation to pay interest as per the High Court's judgment. en-us Tue, 29 May 2012 00:00:00 +0530 Mon, 11 Jun 2012 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213964 The High Court affirmed the appellant's liability to pay interest as per the undertaking given for imported goods under advance licenses. The Tribunal upheld the High Court's decision, emphasizing the contractual nature of the undertaking, and concluded that the appellant was obligated to pay the interest directed by the High Court. Therefore, the appeal was disposed of, confirming the appellant's obligation to pay interest as per the High Court's judgment. Case-Laws Customs Tue, 29 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213964