Interest on delayed customs duty fixed under Section 28AB, later superseded by a subsequent notification issued in 2000. The Central Board, under the Customs Act, prescribes a statutory rate of interest to be charged on delayed payment of customs duty in special cases where Section 28AB applies, establishing the administrative interest obligation for recoveries; this notification was later superseded by a subsequent notification in 2000.
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Provisions expressly mentioned in the judgment/order text.
Interest on delayed customs duty fixed under Section 28AB, later superseded by a subsequent notification issued in 2000.
The Central Board, under the Customs Act, prescribes a statutory rate of interest to be charged on delayed payment of customs duty in special cases where Section 28AB applies, establishing the administrative interest obligation for recoveries; this notification was later superseded by a subsequent notification in 2000.
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