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Customs - Highlights / Catch Notes

Home Highlights June 2023 Year 2023 This

Levy of interest during the period of protection granted by the ...

Case Laws     Customs

June 30, 2023

Levy of interest during the period of protection granted by the High Court - Imposition of safeguard duties - imports of Aluminum Foil - Interim order was being passed by the Court with effect from 19th August 2009, an amendment came to be incorporated to the provisions of Section 8C of the Act by insertion of Sub-section (5A) by Finance No. 2 Act, 2009 with retrospective effect - The protection was vacated as on 11.6.2010 - No interest would be demanded for the period of interim protection - HC

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