13th May, 2002
Notification No. 18/2002-Central Excise (N.T.)
G.S.R. (E).- In exercise of the powers conferred by section 11AA of the Central Excise Act, 1944 (1 of 1944) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 39/2000 -Central Excise (N. T.), dated the 12th May, 2000 [GSR 446 (E), dated the 12th May, 2000], the Central Government hereby fixes the rate of interest at fifteen per cent. per annum for the purposes of the said section.
Under Secretary to the Government of India
F. No. B-10/ 3 /2002-TRU