Interest rate on delayed payment of duty — Warehousing dues — Notification No. 34/2000-Cus. (N.T.) superseded - 028/02 - Customs - Non Tariff

Interest rate on delayed payment of duty — Warehousing dues — Notification No. 34/2000-Cus. (N.T.) superseded 13th May, 2002 Notification No. 28 / 2002-Customs (N. T.) In exercise of the powers conferred by sub-section (2) of section 47 of the Customs Act, 1962 (52 of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. 34 /2000 -Customs (N. T.), dated the 12 th May, 2000 [GSR 440 (E), dated the 12 th May, 2000 ], the Central Government hereby fixes the rate of interest at fifteen per cent. per annum for the purposes of the said section. (G. D. Lohani) Under Secretary to the Government of India F. No. B-10/ 3 /2002-TRU