Section 46 Customs Act

Interest Runs From Determination, Not From the Original Assessment: Delhi High Court on Customs Interest After Redemption of Confiscated Goods

After seven years of pending adjudication, the Customs EDI System showed interest running from May 2015. A Division Bench of the Delhi High Court holds that interest cannot be computed for a period during which the liability had itself not been determined, and directs recomputation from 28 February 2023.