Amendment of section 50.

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..... , in sub-section (1), the following proviso shall be inserted, namely:-- "Provided that the interest on tax payable in respect of supplies made during a tax period and declared in the return for the .....

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..... and Services Tax Act so as to provide for charging interest only on the net cash tax liability, except in those cases where tax is paid subsequent to initiation of any proceedings under section 73 or .....

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