Interest on delayed duty payments set by statute under section 11AB, fixing an annual rate and superseding prior notification. Fixes the rate of interest on delayed payment of central excise duty at thirteen percent per annum under the authority of section 11AB of the Central Excise Act, 1944, and supersedes the earlier notification of the Ministry of Finance, except as to matters done or omitted before such supersession.
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.
Interest on delayed duty payments set by statute under section 11AB, fixing an annual rate and superseding prior notification.
Fixes the rate of interest on delayed payment of central excise duty at thirteen percent per annum under the authority of section 11AB of the Central Excise Act, 1944, and supersedes the earlier notification of the Ministry of Finance, except as to matters done or omitted before such supersession.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.