Interest @ 20% per annum on delayed payment of duty in special cases - 47/96 - Customs - Non Tariff

Superseded vide Notification No. 16/2000-Cus. (NT.), Dated 1-3-2000 Interest @ 20% per annum on delayed payment of duty in special cases Notification No. 47/96-Cus. (N.T.) Dated 9-10-1996 In exercise of the powers conferred by Section 28AB of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby fixes the rate of interest at twenty per cent per annum for the purposes of the said section.