TaxTMI 
TaxTMI 
2007 (1) TMI 400
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....nt. [Order]. - The ld. Counsel for the Appellant having only grievance that interest of Rs. 6,76,906/- (Rupees Six lakh Seventy Six thousand and Nine hundred Six only) whether payable by Revenue against withholding of the excess Customs duty realised from the appellant in contravention of Notification 59/95-Cus. dated 16-3-95 is subject matter of appeal. His further grievance is that the legiti....
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....t for making application. However application for interest was made on 25-4-2001. 2. It appears that the refund application having been sanctioned on 13-2-2001 and the refund cheque was issued or 25-4-2001, interest claim for the amount of Rs. 6,76,906/- (Rupees Six lakh Seventy Six thousand and Nine hundred Six only) was made on 25-4-2001. In the normal circumstances, law does not permit pa....
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.... to furnish a factual report on the following :- (i) The reason why refund arose to the appellant with date of import and whether application for refund was within limitation prescribed by Section 27 of the Customs Act, 1962? (ii) Notification No. 59/95-Cus., dated 16-3-1995 was whether in force on the date of realisation of Customs duty at the rat....
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.... by 15-3-2007 with a copy to the Respondent, a fortnight before that date. The matter shall be called for hearing on 29-3-2007 to decide the issue. 6. As far as practicable the higher authority in the administration may look to the issue so that delay is avoided for disposal of the appeal and the learned Assessing Officer who dealt the matter asking to pay 25% of Customs duty as against 10% ....