Notification New Delhi, the 1
st
March, 2011
No.18/2011-Customs (N.T.)
G.S.R. (E).— In exercise of the powers conferred by section 28AB of the Customs Act,
1962(52 of 1962) and in supersession of the notification of the Government of India in the
Ministry of Finance(Department of Revenue) No.76/2003-Customs (N.T.), dated the 12
th
September, 2003[GSR (E), dated the 12
th
September, 2003], except as respects things done or
omitted to be done before such supersession, the Central Government hereby fixes the rate of
interest at eighteen percent. per annum for the purposes of the said section.
This notification shall come into force from the 1
st
day of April, 2011.