CUS NTF NO. 75/2003 (NT) DATE 12/09/2003
Central Government hereby fixes the rate of interest at six per cent - per annum for the purposes of the 27A Section Custom Act1 962.
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.25/2002 –Customs (N. T.), dated 13th May, 2002 [ GSR 356 (E), dated 13th May, 2002 ], except as respects things done or omitted to be done before such supersession, the Central Government hereby fixes the rate of interest at six per cent - per annum for the purposes of the said section.
(F.No.438/17/2003-Cus. IV)
(D.S. Garbyal)
Under Secretary to the Government o India
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