https://www.taxtmi.com/caselaws?id=248913 The High Court dismissed the Tax Appeal challenging the Customs, Excise and Service Tax Appellate Tribunal's judgment. The Tribunal directed the Revenue to promptly refund the interest amount owed to the respondent, justifying the adjustment against the penalty due to an unconditional stay. The Court held that the adjustment was impermissible under section 142 of the Customs Act, as the penalty was stayed and no longer payable by the respondent. The connected Civil Application was disposed of accordingly. en-us Thu, 24 Apr 2014 00:00:00 +0530 Wed, 19 Nov 2014 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248913 The High Court dismissed the Tax Appeal challenging the Customs, Excise and Service Tax Appellate Tribunal's judgment. The Tribunal directed the Revenue to promptly refund the interest amount owed to the respondent, justifying the adjustment against the penalty due to an unconditional stay. The Court held that the adjustment was impermissible under section 142 of the Customs Act, as the penalty was stayed and no longer payable by the respondent. The connected Civil Application was disposed of accordingly. Case-Laws Customs Thu, 24 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248913