https://www.taxtmi.com/caselaws?id=47280 Interest on delayed payment of cess under the Oil Industry (Development) Act, 1974 was treated as requiring express substantive statutory authority, and the Act contained no such express interest provision. The Central Excise Act and rules were relevant only to the extent applicable to levy and collection machinery, while the 1988 circular contemplated reconciliation of quantities and final assessment. Applying the distinction between a charging or interest provision and procedural machinery, the Court found a prima facie case for interim protection and restrained coercive recovery of the demanded interest pending disposal of the writ petition. en-us Mon, 07 Feb 2005 00:00:00 +0530 Wed, 28 Jul 2010 09:50:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47280 Interest on delayed payment of cess under the Oil Industry (Development) Act, 1974 was treated as requiring express substantive statutory authority, and the Act contained no such express interest provision. The Central Excise Act and rules were relevant only to the extent applicable to levy and collection machinery, while the 1988 circular contemplated reconciliation of quantities and final assessment. Applying the distinction between a charging or interest provision and procedural machinery, the Court found a prima facie case for interim protection and restrained coercive recovery of the demanded interest pending disposal of the writ petition. Case-Laws Central Excise Mon, 07 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47280