Rate of interest on delayed payment – Section 11AA
TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY. DATED THE
12 TH MAY. 2000
22 VAISAKHA, 1922 (SAKA)
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
New Delhi, dated the, 12 th May. 2000
22 Vaisakha, 1922 (Saka)
NOTIFICATION
No. 39/2000-Central Excise (N.T.), dated,
In exercise of the powers conferred by section 11AA of the ( of 1944) and in supersession of the notification of the Government of India in the Min of Revenue), No. 7/2000-Central Excise (N.T.), dated the 1st March, 2000 [G.S.R. 199 (E), dated the 1st March 2000], except as respects things done or omitted to be done before such supersession hereby fixes the rate of interest at twenty-four per cent per annum for the purposes of the said section
(Prashant Kumar Sinha)
Deputy Secretary to the Government of India
F.No.B-6/4/2000 -TRU
