Interest u/s 61(2)(i) of Customs Act, 1962 unsustainable as SCN time barred

DCM Hyundai Ltd Vs Commissioner of GST & Central Excise (CESTAT Chennai) CESTAT Chennai held that demand of interest under section 61(2)(i) of the Customs Act, 1962 unsustainable as SCN is time barred. Facts- The appellant, was earlier a 100% EOU, had applied for De-Bonding of the unit into DTA vide letter dt. 29.11.2006 and paid appropriate duties on the capital goods, imported raw materials, finished stock, indigenous capital goods lying as stock. It was noticed that certain raw materials were lying in stock beyond the warehousing period of three years as prescribed under Section 61 of t...