Warehoused goods — Rate of interest — Notification No. 10/2001-Cus. (N.T.) superseded - 018/03 - Customs - Non Tariff

Recinded vide Not.98/2016 - Dated 8-7-2016 Warehoused goods - Rate of interest - Notification No. 10/2001-Cus. (N.T.) superseded Notification No. 18/2003-Cus. (N.T.), dated 1-3-2003 In exercise of the powers conferred by clause (ii) of sub-section (2) of section 61 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the erstwhile Ministry of Finance (Department of Revenue) No. 10/2001-Customs (N.T.), dated 1st March, 2001, published in the Gazette of India vide number G.S.R. 127(E), dated the 1st March, 2001, the Central Board of Excise and Customs for the purposes of the said sub-section fix the rate of interest at fifteen per cent. per annum. [Notification No. 18/2003-Cus. (N.T.), dated 1-3-2003]