https://www.taxtmi.com/caselaws?id=44956 The Court upheld the respondents' claim for interest at 18% on warehoused goods, dismissing the petitioner's challenge to the constitutionality of Section 61(2) of the Customs Act, 1962. The Court found the interest demand justified under the Act, emphasizing that interest is linked to duty payable, and if duty is exempted, no interest is due. The judgment did not award costs, and the related Writ Miscellaneous Petition was dismissed. en-us Wed, 29 Apr 1998 00:00:00 +0530 Fri, 17 Jun 2016 16:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=44956 The Court upheld the respondents' claim for interest at 18% on warehoused goods, dismissing the petitioner's challenge to the constitutionality of Section 61(2) of the Customs Act, 1962. The Court found the interest demand justified under the Act, emphasizing that interest is linked to duty payable, and if duty is exempted, no interest is due. The judgment did not award costs, and the related Writ Miscellaneous Petition was dismissed. Case-Laws Customs Wed, 29 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=44956