https://www.taxtmi.com/caselaws?id=165896 Seized goods were retained in departmental custody for over eleven years, and the penalty proceedings had already ended in the petitioner's favour; in those circumstances, the Department had a legal obligation to return the goods or compensate the petitioner by paying their value. As no outstanding dues remained against the petitioner or the goods, the Court directed payment of the value of the seized goods with interest. The value was fixed on the basis of the seizure order and bill, and interest was awarded at 6% per annum from the date of seizure until realization. en-us Wed, 29 Sep 2010 00:00:00 +0530 Tue, 23 Sep 2014 18:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165896 Seized goods were retained in departmental custody for over eleven years, and the penalty proceedings had already ended in the petitioner's favour; in those circumstances, the Department had a legal obligation to return the goods or compensate the petitioner by paying their value. As no outstanding dues remained against the petitioner or the goods, the Court directed payment of the value of the seized goods with interest. The value was fixed on the basis of the seizure order and bill, and interest was awarded at 6% per annum from the date of seizure until realization. Case-Laws VAT and Sales Tax Wed, 29 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165896