Substitution of new section for sections 11AA and 11AB- Interest on delayed payment of duty.

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Full Text of the Document

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.... "11AA. (1) Notwithstanding anything contained in any judgment, decree, order or direction of the Appellate Tribunal or any court or in any other provision of this Act or the rules made thereunder,  the person, who is liable to pay duty, shall, in addition to the duty, be liable to pay  interest at the rate specified in sub-section (2), whether such payment is made voluntarily or afte....