Sec 28aa

This query is : Resolved 

30 August 2012 Interest on delayed payment of duty consequent to final assessement or re-assessement-
when will the time period for calculation of interest will start-
1) frm d first day of the month in which the duty is provisionally assessed till d date it is paid, or
2) frm the first day after the expiration of period of 3 months frm the date the duty is finall assessed or re-assessed

01 September 2012 wef when you filed the bill of entry.

within 30 days of notice you will be liable 25% reduced .
must read:

http://220.227.161.86/24075IDTL_Supplementary_2012.pdf


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