https://www.taxtmi.com/caselaws?id=220308 The Tribunal dismissed the appeal, ruling that interest on seized currency cannot be granted in the absence of a specific legal provision under the Central Excise Act or Rules, despite precedents cited by the Appellant. The Tribunal emphasized its statutory limitations and the necessity of clear legal basis for granting such interest, highlighting the importance of adhering to the law even in cases where seizures were later found to be incorrect. en-us Mon, 14 Jan 2013 00:00:00 +0530 Wed, 16 Jan 2013 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220308 The Tribunal dismissed the appeal, ruling that interest on seized currency cannot be granted in the absence of a specific legal provision under the Central Excise Act or Rules, despite precedents cited by the Appellant. The Tribunal emphasized its statutory limitations and the necessity of clear legal basis for granting such interest, highlighting the importance of adhering to the law even in cases where seizures were later found to be incorrect. Case-Laws Central Excise Mon, 14 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220308