2005 (8) TMI 254

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y the Commissioner (Appeals). The brief facts of the case are that the silk yarn was seized by the Customs Authority on 6-11-1999. The value of silk yarn was Rs. 4,05,000/-. The silk yarn was seized on the ground that the same was smuggled into India. A show cause notice was issued and the adjudicating authority confiscated the goods. Meanwhile the seized silk yarn being perishable item was auctio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... query from the Bench, the appellant failed to show any provisions under the Customs Act which provides interest on refund in respect of the sale proceeds. The Hon'ble Supreme Court in the case of Miles India Ltd. v. Assistant Collector of Customs reported in 1987 (30) E.L.T. 641 held that the authorities created by a statute are governed by the provisions of statute. In this case there is no provi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X