Interest and penalties not imposable on demand of Customs, CVD, SAD

Union of India & Ors. Vs Mahindra and Mahindra Ltd. (Supreme Court of India) The Supreme Court’s recent decision in Union of India & Ors. v. Mahindra and Mahindra Ltd. [SLP (Civil) Diary No. 18824 of 2023] has vital implications on the imposition of interest and penalty on custom duty and additional duties. By dismissing the appeal by the Revenue Department, the Supreme Court upheld the Gujarat High Court’s view that the imposition was without jurisdiction. This ruling clarifies important legal principles in the application of interest and penalties in customs law. Facts: M...