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Madras High Court rejects plea seeking direction against authority to pay 15% interest towards Seized Travellers Cheques [Mr.Ramesh, the learned counsel for the Enforcement Directorate, submitted that the writ petition is not maintainable on the grounds that the proceedings relating to the confiscation attained finality with the order dated November 26, 1999. Accordingly, a separate writ petition for payment of interest is not maintainable.
by Sekar Reporter · Published December 17, 2020
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GstJustice Krishnan Ramasamy cited that the explanation given by the applicant appeared to be genuine and bona fide. The court considered the fact that the taxpayer had mentioned its intention to submit all the due returns and release the whole tax obligation, including applicable interest, late fee, and penalty, if allowed to do so.
by Sekar Reporter · Published December 21, 2025