Custom Duty- Rate of interest fixed at 18%amp;- Notification No. 17/2011-Customs (N.T.)-Cus(NT)

Notification No. 17/2011-Customs (N.T), New Delhi, the 1st March, 2011

G.S.R. (E).— In exercise of the powers conferred by section 28AA 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.26/2002-Customs(N.T.), dated the 13th May, 2002[GSR 735 (E), dated the 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 eighteen percent. per annum for the purposes of the said section.

This notification shall come into force from the 1st day of April, 2011.

Related posts:

1. Custom duty circular amending Notification No.21/2002-Customs, dated the 1st March, 2002 – Effective Rate of Duty
2. Custom duty Notification No 64/2010- Amending Notification No. 96/2008-Customs, dated the 13th August, 2008
3. Custom Duty Notification No 56/2010, Amends Notification No. 79/2008-Customs, dated the 13th June, 2008
4. Custom duty Notification No 63/2010, Amending Notification No.96/2008-Customs, dated the 13th August, 2008
5. Custom Duty Notification No. 12/2011 – Customs (N.T.) amends Notification No. 36/2001 – Customs (N.T.), dated, the 3rd August, 2001