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2015 (11) TMI 1236 - SC - CustomsDuty demand - non removal of goods after expiry of warehousing period - Held that:- Case is covered by the judgment of this Court in 'Kesoram Rayon v. Collector of Customs, Calcutta' [1996 (8) TMI 109 - SUPREME COURT OF INDIA]. - Commissioner directed to recalculate the interest. He may complete this exercise within one month from the date of receipt of the copy of this order and indicate the exact amount of interest which is payable by the appellant. Further, the Commissioner would be entitled to adjust the sum of ₹ 2 crores which has already been paid in this behalf. The balance amount shall be paid by the appellant within two months from the date of communication of the order by the Commissioner. On payment of the amount of interest, the Bank Guarantee furnished by the appellant shall stand discharged. - Decided against assessee.
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