SUPER CASSETTES LTD Vs. COOMMISIONER OF CUSTOMS

JUDGEMENT

(1.) This is an appeal under section 130A of the Customs Act, 1962 (hereinafter referred to as the Act) and is directed against the order dated 17th January, 2001 passed by the Customs, Excise & Gold (Control) Appellant Tribunal ('CEGAT') by which the said Tribunal refused to review the earlier order dated 26th May, 2000 by which the prayer for interest in terms of section 27A of the Act was refused.

(2.) The facts giving rise to the filing of the present proceedings may be summed up thus:'

(3.) Being dissatisfied, the present reference has been filed and a Division Bench of this Court entertained the appeal on the question whether the appellants were entitled to the interest from the year 1995 till the amount was actually paid.