Customs duty interest on delayed payment in special cases was governed by section 28AB before its omission. Interest on delayed payment of customs duty in special cases was governed by section 28AB, which has since been omitted. The provision applied where duty had not been levied, paid, short-levied, short-paid, or erroneously refunded, and interest ran from the month succeeding the month when duty ought to have been paid or from the date of erroneous refund, as applicable. The notes also record a limited exemption for voluntary payment within the prescribed period after a Board direction, and explain that interest would follow any appellate reduction or increase in the duty amount.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs duty interest on delayed payment in special cases was governed by section 28AB before its omission.
Interest on delayed payment of customs duty in special cases was governed by section 28AB, which has since been omitted. The provision applied where duty had not been levied, paid, short-levied, short-paid, or erroneously refunded, and interest ran from the month succeeding the month when duty ought to have been paid or from the date of erroneous refund, as applicable. The notes also record a limited exemption for voluntary payment within the prescribed period after a Board direction, and explain that interest would follow any appellate reduction or increase in the duty amount.
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