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    <title>Substitution of new section for sections 11AA and 11AB- Interest on delayed payment of duty.</title>
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    <description>Person liable for central excise duty must pay interest on delayed payments, whether voluntary or after assessment, at a rate notified by the Central Government within a prescribed band; interest is calculated from the date the duty becomes due until actual payment. No interest is payable where duty arises from a Board order, instruction or direction and the full amount is voluntarily paid within the specified short period from that order without reserving any right of appeal.</description>
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      <title>Substitution of new section for sections 11AA and 11AB- Interest on delayed payment of duty.</title>
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      <description>Person liable for central excise duty must pay interest on delayed payments, whether voluntary or after assessment, at a rate notified by the Central Government within a prescribed band; interest is calculated from the date the duty becomes due until actual payment. No interest is payable where duty arises from a Board order, instruction or direction and the full amount is voluntarily paid within the specified short period from that order without reserving any right of appeal.</description>
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