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2013 (1) TMI 413 - AT - Central ExciseInterest on seized currency returned back - Currency of Rs.3,20,000/- seized from the Appellant in 15.01.1996 & after litigating for a decade finally succeeded to get back the amount on 29.07.2008 - Held that:- Agreeing with the finding of the Commissioner(Appeal) that in absence of a specific provision under the Central Excise Act and the Rules made thereunder the interest for the period the currency was retained by the department, cannot be granted. It is needless to mention, even though the Tribunal has all the trappings of a court, but it cannot considered as a court and continue to remain a creature of statute and has to exercise its power within the limits prescribed by the statute - prayer for interest on seized currency, even if it is held that the seizure is contrary to law, cannot be granted by this Tribunal. Appeal dismissed.
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