(This Notification has been supersited vide CUS NTF NO. 75/2003(NT) DATE 12/09/2003)

Cus Ntf No.25/2002(NT),Dt.13/05/2002

Supersession of the Notification No.21/2001-Customs(NT),dated the 11th May, 2001 seeking to prescribe rate of interest on delayed refunds, under section 27A of the Customs Act, 1962.

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 11th May, 2001 [ GSR 354 (E), dated the 11th 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

Presented by eximkey.com