https://www.taxtmi.com/caselaws?id=195921 The High Court upheld the order directing the refund of the balance amount with interest under the Customs Act, 1962. The Court found no grounds to challenge the quantified amount or the grant of interest. Additionally, the Court criticized the appellants for failing to serve notice before the auction sale, leading to the respondent being deprived of participation. Consequently, the Court affirmed the decision to grant interest at 12 percent to protect the respondent's rights, dismissing the appeal and ensuring the respondent's entitlement to interest from the seizure date till payment. en-us Mon, 25 Oct 2010 00:00:00 +0530 Tue, 14 Nov 2017 16:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195921 The High Court upheld the order directing the refund of the balance amount with interest under the Customs Act, 1962. The Court found no grounds to challenge the quantified amount or the grant of interest. Additionally, the Court criticized the appellants for failing to serve notice before the auction sale, leading to the respondent being deprived of participation. Consequently, the Court affirmed the decision to grant interest at 12 percent to protect the respondent's rights, dismissing the appeal and ensuring the respondent's entitlement to interest from the seizure date till payment. Case-Laws Customs Mon, 25 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195921