Amendment status not verified — confirm the current text below against the official source.
Power to reduce or waive interest in certain cases Notwithstanding anything contained in this Act, the Excise Commissioner may, on the application made in this behalf by a person, with the approval of the Government and after recording his reason for so doing, reduce or waive the amount of any interest payable by him under this Act if he is satisfied that— (a) to do otherwise would cause genuine hardship to the person having regard to the circumstances of the case; and (b) the person has co-operated in any proceeding for the recovery of any amount due from him. SECTION 35 THE DELHI EXCISE ACT, 2009 13 Accounts and returns Every licensee shall maintain such accounts and submit to the authorized officers such returns in such forms containing such particulars relating to stock, apparatus, duty, fee payable and paid to the Government and such other information at such intervals as may be prescribed. CHAPTER V OFFENCES AND PENALTIES