CBEC reduces interest rate on delayed payment of duty to 13 %

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..... rseded vide notification no. 6/2011 CE(NT) dated 1-3-2011 with effect from 1.4.2011 CBEC reduces interest rate on delayed payment of duty to 13 % NOTIFICATION NO. 66/2003-CE(N.T.) D .....

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..... upersession, the Central Government hereby fixes the rate of interest at thirteen percent per annum for the purpose of the said section. - Notification Tax Management India - taxmanagementindia .....

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