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This notification fixes Interest rate for delayed payment of duty in special cases
1-3-2000
Notification No. 16/2000-Cus. (NT.)
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. 47/96-Customs (N.T.), dated the
9th October, 1996, 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 section.
notifications no 16 2000 customs n t | iKargos