https://www.taxtmi.com/caselaws?id=43765 The court upheld the levy and collection of enhanced auxiliary duty at 20% as the prevailing rate at the time of goods' clearance from the warehouse, rejecting the company's argument based on the value assessed at the time of warehousing. Additionally, the court dismissed the company's claim against the payment of interest for delayed clearance of warehoused goods, emphasizing that interest under Section 59 of the Customs Act serves as compensation for delayed clearance and is justified in ensuring prompt removal of goods. en-us Tue, 18 Jan 1994 00:00:00 +0530 Mon, 21 Jun 2010 09:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=43765 The court upheld the levy and collection of enhanced auxiliary duty at 20% as the prevailing rate at the time of goods' clearance from the warehouse, rejecting the company's argument based on the value assessed at the time of warehousing. Additionally, the court dismissed the company's claim against the payment of interest for delayed clearance of warehoused goods, emphasizing that interest under Section 59 of the Customs Act serves as compensation for delayed clearance and is justified in ensuring prompt removal of goods. Case-Laws Customs Tue, 18 Jan 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=43765