Customs – After 1-6-2007 Settlement Commission cannot grant immunity from payment of interest

Frontier Cycle Industries Pvt. Ltd. Vs Union of India and others (Bombay High Court)

FULL TEXT OF THE HIGH COURT ORDER /JUDGEMENT

1. The Petitioner has challenged an order of the Settlement Commission dated 24 March 2011 under section 127C(5) of the Customs Act, 1962 directing the Petitioner to pay interest in terms of the provisions of Section 28AB of the Act on the full amount of the duty in the case.

2. The Petition

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