https://www.taxtmi.com/caselaws?id=220625 Interest on delayed payment of cess under the Oil Industry (Development) Act, 1974 was not leviable because the Act contained no express substantive provision authorising such interest. Although the cess is treated as a duty-of-excise type levy and the Central Excise Act and Rules apply for levy and collection so far as may be, those machinery and incorporative provisions could not create a new interest liability. Section 11AB of the Central Excise Act and Rule 8(3) therefore could not be invoked to impose interest, and the absence of any corresponding amendment in the charging statute reinforced that result. en-us Mon, 31 Dec 2012 00:00:00 +0530 Sat, 02 Feb 2013 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220625 Interest on delayed payment of cess under the Oil Industry (Development) Act, 1974 was not leviable because the Act contained no express substantive provision authorising such interest. Although the cess is treated as a duty-of-excise type levy and the Central Excise Act and Rules apply for levy and collection so far as may be, those machinery and incorporative provisions could not create a new interest liability. Section 11AB of the Central Excise Act and Rule 8(3) therefore could not be invoked to impose interest, and the absence of any corresponding amendment in the charging statute reinforced that result. Case-Laws Central Excise Mon, 31 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220625