2010 (7) TMI 846 - AT - Customs

Summary

The judgment dismissed the application for interest on delayed refund of fine and penalty as the Customs Act, 1962, provides only for interest on delayed refund of duty, not on fine and penalty. The decision was supported by a previous case. Rule 41 of the CEGAT Procedural Rules, 1982, cannot grant interest beyond the scope of the Customs Act.