Interest rate for delayed payment of duty fixed at 20% - 33/95 - Customs - Non Tariff

Superseded vide Notification No. 15/2000-Cus. (NT.), Dated 1-3-2000 Interest rate for delayed payment of duty fixed at 20% Notification No. 33/95-Cus. (N.T.) Dated 26-5-1995 In exercise of the powers conferred by section 28AA 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.