Notification New Delhi, the 1
st
March, 2011
No. 5/2011-Central Excise (N.T.)
G.S.R. (E).— In exercise of the powers conferred by section 11AA of the Central
Excise Act, 1944 (1of 1944) and in supersession of the notification of the Government of India
in the Ministry of Finance(Department of Revenue) No.18/2002-Central Excise(N.T.), dated the
13
th
May, 2002[GSR (E), dated the 13
th
May, 2002], 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.