https://www.taxtmi.com/caselaws?id=334538 The Court allowed the writ petition, setting aside the demand for interest under Section 61(2) of the Customs Act, 1962, due to the exceptional circumstances of the petitioner's case. Despite significant payments and loss suffered by the petitioner, the Department failed to consider these factors when denying the waiver request. The Court emphasized the importance of objective consideration and assessing unique circumstances before deciding on interest waivers. The decision highlighted the need for discretion in granting waivers and the Department's failure to properly evaluate the petitioner's situation. en-us Thu, 13 Oct 2016 00:00:00 +0530 Thu, 30 Mar 2017 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334538 The Court allowed the writ petition, setting aside the demand for interest under Section 61(2) of the Customs Act, 1962, due to the exceptional circumstances of the petitioner's case. Despite significant payments and loss suffered by the petitioner, the Department failed to consider these factors when denying the waiver request. The Court emphasized the importance of objective consideration and assessing unique circumstances before deciding on interest waivers. The decision highlighted the need for discretion in granting waivers and the Department's failure to properly evaluate the petitioner's situation. Case-Laws Customs Thu, 13 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334538