https://www.taxtmi.com/caselaws?id=409334 The Court dismissed the appeal regarding a rectification order on interest on pre-deposit under Section 129EE of the Customs Act. It held that the appellant was not entitled to interest from the date of deposit till the date of payment, as the statutory provision for such interest was introduced after the appellant had made the deposit. The Court clarified that interest on the pre-deposit should be determined as per the pre-amended Section 129EE, starting after three months from the date of communication of the appellate authority's order till the refund. The appeal was dismissed without costs, and pending applications were closed. en-us Tue, 29 Jun 2021 00:00:00 +0530 Mon, 10 Jan 2022 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409334 The Court dismissed the appeal regarding a rectification order on interest on pre-deposit under Section 129EE of the Customs Act. It held that the appellant was not entitled to interest from the date of deposit till the date of payment, as the statutory provision for such interest was introduced after the appellant had made the deposit. The Court clarified that interest on the pre-deposit should be determined as per the pre-amended Section 129EE, starting after three months from the date of communication of the appellate authority's order till the refund. The appeal was dismissed without costs, and pending applications were closed. Case-Laws Customs Tue, 29 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409334