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    <title>2006 (3) TMI 790 - BOMBAY HIGH COURT</title>
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    <description>The court held that M.J. Exports was liable to pay interest on delayed duty payment from 26th August 1995 as they failed to pay the duty within three months of Section 28AA enactment. The court directed the respondent to recalculate the interest, excluding a deposited amount of Rs. 50,00,000, and apply the correct interest rates specified by the Central Government.</description>
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      <description>The court held that M.J. Exports was liable to pay interest on delayed duty payment from 26th August 1995 as they failed to pay the duty within three months of Section 28AA enactment. The court directed the respondent to recalculate the interest, excluding a deposited amount of Rs. 50,00,000, and apply the correct interest rates specified by the Central Government.</description>
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