Section 61 of the Sale of Goods Act, 1930 provides for :

Section 61(2) of the Sale of Goods Act, 1930 empowers the court, in the absence of a contract to the contrary, to award interest at such rate as it thinks fit on the amount of the price to the seller in a suit by him for the price, and to the buyer in a suit by him for the refund of the price in a case of breach by the seller. The section therefore provides for "Award of interest to buyer or seller".