Waiver of interest for warehoused goods permits administrative waivers, class exemptions, and charging from order date. Section 61(2) empowers the Board to waive wholly or partly interest on warehoused goods in exceptional circumstances and public interest; to notify classes of goods exempt from interest; and to notify classes for which interest is chargeable from the date a proper officer has made an order under the related warehousing provision.
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.
Waiver of interest for warehoused goods permits administrative waivers, class exemptions, and charging from order date.
Section 61(2) empowers the Board to waive wholly or partly interest on warehoused goods in exceptional circumstances and public interest; to notify classes of goods exempt from interest; and to notify classes for which interest is chargeable from the date a proper officer has made an order under the related warehousing provision.
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