https://www.taxtmi.com/caselaws?id=43540 The court found in favor of the petitioner in a case involving delay in the assessment of Bills of Entry by Customs Authorities. The court held that the delay of about one year and eight months was unjustified and caused financial loss to the petitioner. It directed the Customs Department to release the goods without charging any interest and to calculate duty at the rate in force before the Finance Act of 1992 came into effect. The court emphasized that the petitioner should not suffer financially due to the Customs Authorities' inaction. en-us Tue, 09 Feb 1993 00:00:00 +0530 Fri, 18 Jun 2010 16:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43540 The court found in favor of the petitioner in a case involving delay in the assessment of Bills of Entry by Customs Authorities. The court held that the delay of about one year and eight months was unjustified and caused financial loss to the petitioner. It directed the Customs Department to release the goods without charging any interest and to calculate duty at the rate in force before the Finance Act of 1992 came into effect. The court emphasized that the petitioner should not suffer financially due to the Customs Authorities' inaction. Case-Laws Customs Tue, 09 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43540