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. Facts- Petitioner contended that Section 90 of the Finance Act, 2000 related to surcharge, Section 3 of the Customs Tariff Act, 1975 related to additional duty of customs equal to excise duty and Section 3A of the Customs Tariff Act, 1975 related to special additional duty of customs and no...