CUS NTF NO. 18/2003 (NT) DATE 01/03/2003
Seeks to supersede notification No. 10/2001-Customs (N.T.) dated 1.3.2001 and fix rate
of interest for warehoused goods at fifteen per cent. per annum under section 61(2) of
the Customs Act, 1962
G.S.R. (E).- 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 the 1 st March, 2001,
published in
the Gazette of India vide number G.S.R. 127(E), dated the 1 st 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.
[F.No.334/1/2003-TRU]
(Alok Shukla)
Deputy Secretary to the Government of India
Presented by eximkey.com