https://www.taxtmi.com/caselaws?id=216903 The Tribunal ruled that interest on seized currency was not payable under the Customs Act, despite acknowledging the delay in returning the currency. It emphasized its limited authority and stated that only the High Court could order interest payment for such delays. The Tribunal stayed the interest payment order, allowing the Department's appeal and clarifying that only the High Court could mandate interest on seized currency. en-us Fri, 22 Jul 2011 00:00:00 +0530 Mon, 03 Sep 2012 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216903 The Tribunal ruled that interest on seized currency was not payable under the Customs Act, despite acknowledging the delay in returning the currency. It emphasized its limited authority and stated that only the High Court could order interest payment for such delays. The Tribunal stayed the interest payment order, allowing the Department's appeal and clarifying that only the High Court could mandate interest on seized currency. Case-Laws Customs Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216903