Interest rate on delayed refund — Notification No. 21/2001-Cus. (N.T.) superseded - 025/02 - Customs - Non Tariff

Interest rate on delayed refund — Notification No. 21/2001-Cus. (N.T.) superseded 13th May, 2002 Notification No. 25 / 2002-Customs (N. T.) In exercise of the powers conferred by section 27A of the Customs Act, 1962 (52 of 1962) and in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. 21 /2001 –Customs (N. T.), dated the 11 th May, 2001 [ GSR 354 (E), dated the 11 th May, 2001 ], the Central Government hereby fixes the rate of interest at eight per cent. per annum for the purposes of the said section. (G. D. Lohani) Under Secretary to the Government of India F. No. B-10/ 3 /2002-TRU