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This notification fixes the Rate of interest on warehoused goods
1-3-2000
Notification No. 18/2000-Cus. (N.T.)
In exercise of the powers conferred by sub-clause (ii) of clause (b) of sub-section (1) of section 59 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. 82/91-Customs (N.T), dated 23rd December, 1991, the Central Board of Excise and Customs hereby fixes the
rate of interest at twenty-four per cent per annum, for the purposes of the said sub-clause.
notifications no 18 2000 customs n t | iKargos