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)

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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

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