In absence of specific provisions, interest and penalty cannot be levied on payment of surcharge, CVD and SAD

Mahindra & Mahindra Ltd Vs Union of India (Bombay High Court)

Bombay High Court held that interest or penalty due to delayed payment of tax cannot be levied in absence of specific provisions. Therefore, no interest and penalty can be levied on the portion of payment pertaining to surcharge, CVD and SAD.<

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