https://www.taxtmi.com/caselaws?id=43563 The court dismissed the petition, upholding the applicability of Sections 59, 60, and 61 of the Customs Act to goods warehoused under Section 85. It validated the interest demand under Section 61(2) as compensatory, not penal, and found it constitutional under Article 19 of the Constitution of India. The court denied the petitioners' request for interim relief and discharged the rule with costs. en-us Tue, 22 Jun 1993 00:00:00 +0530 Fri, 18 Jun 2010 17:41:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43563 The court dismissed the petition, upholding the applicability of Sections 59, 60, and 61 of the Customs Act to goods warehoused under Section 85. It validated the interest demand under Section 61(2) as compensatory, not penal, and found it constitutional under Article 19 of the Constitution of India. The court denied the petitioners' request for interim relief and discharged the rule with costs. Case-Laws Customs Tue, 22 Jun 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43563