https://www.taxtmi.com/forum/issue?id=4899 Mandatory statutory interest arises on short payment of central excise duty or service tax, but a proviso permits waiver of that interest where the duty is paid within the specified short period following an assessment order; the subsection imposing interest must be read together with the related waiver provision to determine whether the waiver applies. en-us Sun, 04 Nov 2012 19:43:52 +0530 Thu, 23 Jan 2025 15:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4899 Mandatory statutory interest arises on short payment of central excise duty or service tax, but a proviso permits waiver of that interest where the duty is paid within the specified short period following an assessment order; the subsection imposing interest must be read together with the related waiver provision to determine whether the waiver applies. Discussion-Forum Central Excise Sun, 04 Nov 2012 19:43:52 +0530 https://www.taxtmi.com/forum/issue?id=4899