https://www.taxtmi.com/caselaws?id=248615 The court held that the demand for interest on delayed payment of additional duty of excise was without jurisdiction as there was no substantive provision in the Finance Act 2003 authorizing such charges. Relying on precedent cases, the court quashed the demand and ordered a refund of any amount paid by the petitioner. The decision underscored the requirement for a specific statutory provision to levy interest, emphasizing that interest can only be charged if explicitly provided for by law. en-us Fri, 13 Jun 2014 00:00:00 +0530 Thu, 20 Nov 2014 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248615 The court held that the demand for interest on delayed payment of additional duty of excise was without jurisdiction as there was no substantive provision in the Finance Act 2003 authorizing such charges. Relying on precedent cases, the court quashed the demand and ordered a refund of any amount paid by the petitioner. The decision underscored the requirement for a specific statutory provision to levy interest, emphasizing that interest can only be charged if explicitly provided for by law. Case-Laws Central Excise Fri, 13 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248615