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2010 (12) TMI 996 - HC - Central ExciseInterest under the Sugar Export Promotion Act, 1958 - Held that:- As it is apparent that interest can be levied and charged on delayed payment of tax only if the statute that levies and charges the tax makes a substantive provision in this behalf - section 7 of the Sugar Export Promotion Act, 1958 does not make any provision for levy and charge of interest on the duty of excise payable under sub-section (1) thereof - Tribunal was justified in holding that there being no provision for interest in the Act, there was no justification or warrant to confirm the interest - Decided in favor of the assessee
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