https://www.taxtmi.com/caselaws?id=362846 Interest on delayed payment of Education Cess on oil cess was held not leviable because the Oil Industry (Development) Act, 1974 contained no substantive charging provision authorising interest for delayed payment. The Tribunal noted that the Central Excise Act, 1944 and its rules applied only so far as may be for levy and collection, and could not by themselves create an interest liability where the parent statute was silent. The challenge was confined to the interest demand, and the separate issue on Education Cess was not pressed. The interest demand was therefore set aside. en-us Tue, 01 May 2018 00:00:00 +0530 Thu, 05 Jul 2018 09:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362846 Interest on delayed payment of Education Cess on oil cess was held not leviable because the Oil Industry (Development) Act, 1974 contained no substantive charging provision authorising interest for delayed payment. The Tribunal noted that the Central Excise Act, 1944 and its rules applied only so far as may be for levy and collection, and could not by themselves create an interest liability where the parent statute was silent. The challenge was confined to the interest demand, and the separate issue on Education Cess was not pressed. The interest demand was therefore set aside. Case-Laws Central Excise Tue, 01 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362846