Interest on delayed excise duty fixed by government, replacing earlier notification and applying prospectively. Fixes the rate of interest for delayed payment of excise duty at twenty-four per cent per annum under the powers conferred by the Central Excises Act, 1944, and supersedes an earlier notification on the same subject except as to things done or omitted prior to supersession.
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Provisions expressly mentioned in the judgment/order text.
Interest on delayed excise duty fixed by government, replacing earlier notification and applying prospectively.
Fixes the rate of interest for delayed payment of excise duty at twenty-four per cent per annum under the powers conferred by the Central Excises Act, 1944, and supersedes an earlier notification on the same subject except as to things done or omitted prior to supersession.
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