https://www.taxtmi.com/caselaws?id=188912 The court ruled in favor of the petitioner, finding that the levy of statutory interest on delayed payment of cost recovery charges for customs staff was invalid as there was no legal authority under the Customs Act, 1962, to impose such interest. The court quashed the orders imposing interest, allowing the petition and making the rule absolute with no order as to costs. en-us Tue, 29 Mar 2011 00:00:00 +0530 Mon, 06 Feb 2017 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188912 The court ruled in favor of the petitioner, finding that the levy of statutory interest on delayed payment of cost recovery charges for customs staff was invalid as there was no legal authority under the Customs Act, 1962, to impose such interest. The court quashed the orders imposing interest, allowing the petition and making the rule absolute with no order as to costs. Case-Laws Customs Tue, 29 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188912