No interest on duty assessed if no duty was payable at clearance: SC

Pratibha Processors & Ors. Vs Union of India & Ors. (Supreme Court)

The case of Pratibha Processors & Ors. vs Union of India & Ors. presented a significant question of law regarding the interpretation of Section 61(2) of the Customs Act, 1962. This judgment was a landmark decision by the Supreme Court of India, addressing the liability of importers to pay interest on the duty assessed when goods are warehoused beyond the stipulated period. The case was initially dismissed by the Bombay High Court, which led to an appeal to the Supreme Court. This ar

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