https://www.taxtmi.com/acts?id=990 Interest is chargeable on delayed payment of customs duty by a person liable under section 28, in addition to the duty itself, whether payment is voluntary or follows determination of duty. The Central Government fixes the rate by notification within the prescribed statutory range, and the interest is calculated from the first day of the month succeeding the month in which the duty ought to have been paid, or from the date of erroneous refund, until the date of payment. en-us Sat, 19 Jan 2008 22:45:54 +0530 Tue, 16 Jun 2026 14:44:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=990 Interest is chargeable on delayed payment of customs duty by a person liable under section 28, in addition to the duty itself, whether payment is voluntary or follows determination of duty. The Central Government fixes the rate by notification within the prescribed statutory range, and the interest is calculated from the first day of the month succeeding the month in which the duty ought to have been paid, or from the date of erroneous refund, until the date of payment. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=990