Excess tax waiver on tool sales extends to interest and penalty, subject to refund and treasury deposit conditions. Waiver of excess tax, interest and penalty was directed for sales of all types of tools during the specified period, covering tax charged in excess of 4 per cent and any additional tax under Schedule-2. The waiver was subject to conditions that amounts recovered from customers would not be refunded, and any tax collected but not deposited in the treasury had to be deposited. The concerned tax assessing officer was empowered to pass orders giving effect to the waiver.