https://www.taxtmi.com/caselaws?id=52061 The Tribunal set aside the demand for interest on warehoused goods cleared for home consumption, ruling that interest under Section 47(2) of the Customs Act does not apply to such goods cleared under Section 68. The Tribunal found errors in relying on past judgments and customs house notices, determining that the demands for interest were incorrect under the amended Section 61. As the notices were issued before the amendment, the Tribunal allowed the appeal, concluding that the impugned order could not be upheld based on the findings. en-us Mon, 22 Sep 2003 00:00:00 +0530 Thu, 30 Sep 2010 15:22:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=52061 The Tribunal set aside the demand for interest on warehoused goods cleared for home consumption, ruling that interest under Section 47(2) of the Customs Act does not apply to such goods cleared under Section 68. The Tribunal found errors in relying on past judgments and customs house notices, determining that the demands for interest were incorrect under the amended Section 61. As the notices were issued before the amendment, the Tribunal allowed the appeal, concluding that the impugned order could not be upheld based on the findings. Case-Laws Customs Mon, 22 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=52061