2023 (8) TMI 953 - SCH - Customs

Waiver of Interest component - necessary duty was paid - HELD THAT - There are no reason to interfere with the impugned judgment and order passed by the High Court in the peculiar facts and circumstances of the present case. The civil appeal is dismissed accordingly.

Summary

The Supreme Court of India upheld the High Court's decision in a case where the Settlement Commissioner waived the interest component despite necessary duty payment. The Union of India's appeal was dismissed, and the court declined to interfere based on the specific circumstances of the case.