https://www.taxtmi.com/caselaws?id=46925 The Supreme Court, relying on the Union of India v. Bangalore Wire Rod Mills case, clarified that interest on customs duty is payable only after the expiry of the period specified in the notice of demand. In this case, interest on the customs duty became payable from the date of the notice of demand, 5-7-1991. The Court quashed the demand for interest for any period before the notice was issued and directed the petitioner to pay the interest due for the period 5-7-1991 to 13-7-1991. The writ petition was allowed with no order as to costs, resolving the issue of interest payable on the import duty for the goods imported by the petitioner. en-us Thu, 14 Aug 2003 00:00:00 +0530 Mon, 26 Jul 2010 09:50:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46925 The Supreme Court, relying on the Union of India v. Bangalore Wire Rod Mills case, clarified that interest on customs duty is payable only after the expiry of the period specified in the notice of demand. In this case, interest on the customs duty became payable from the date of the notice of demand, 5-7-1991. The Court quashed the demand for interest for any period before the notice was issued and directed the petitioner to pay the interest due for the period 5-7-1991 to 13-7-1991. The writ petition was allowed with no order as to costs, resolving the issue of interest payable on the import duty for the goods imported by the petitioner. Case-Laws Customs Thu, 14 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46925