1998 (12) TMI 15

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... d by the Revenue. The first question proposed is as to the correctness of the Tribunal's order in allowing the interest paid for delayed remittance of customs duty as business expenditure. The Tribunal has held that the interest so paid was only compensatory. We have no reason to disagree with the Tribunal. The second question proposed is as to whether the sale of pistons known as shim at a discou .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X