Levy of interest on delayed payment of duty - relevant date under Section 47 (2) of the Customs Act, 1962

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....ect:- Levy of interest on delayed payment of duty-relevant date under section 47(2) of the customs Act -reg. -                     I am directed to invite your attention on the subject mentioned above and to state that a case was referred to for clarification on certain doubts regarding levy of intere....

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....unt for the period during date of original assessment to date of reassessment and on reassessed amount for the period subsequent to reassessment to date of payment of duty. 2.                The issues have been examined in consultation with the Ministry of Law. Department of Legal Affairs. It has been clarified that the....