Interest rate for delayed payment of duty — Notification No. 32/2000-Cus. (N.T.) superseded - 026/02 - Customs - Non Tariff

Superseded vide Notification No. 17/2011-Customs (N.T.) dated 01/03/2011 - Rate of interest fixed at 18% Interest rate for delayed payment of duty Notification No. 32/2000-Cus. (N.T.) superseded 13th May, 2002 Notification No. 26 / 2002-Customs (N. T.) In exercise of the powers conferred by section 28AA of the Customs Act, 1962 (52 of 1962) and in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. 32 /2000 -Customs (N. T.), dated the 12 th May, 2000 [GSR 438 (E), dated the 12 th May, 2000 ], the Central Government hereby fixes the rate of interest at fifteen 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