(This Notification has been supersessed vide Ntf. No. 40/2000-Central Excise(N.T.) Dated 12th May, 2000

NTF. NO.08/2000-CE(N.T.), DT. 01/03/2000

NTF. NO.34/1996-CE(N.T.), DT. 09/10/1996 - Interest on delayed payment of duty
In exercise of the powers conferred by section 11AB of the Central Excise Act, 1944 (1 of 1944) and supersession of the notification of the Government of India in the Ministry of Finance number 34/96-C.E. (N.T.), dated 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.

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