Supersession of NOTIFICATION NO. 22/1995-CE(N.T.), DT. 29/05/1995 - Rate of interest on delayed refunds - 007/2000 - Central Excise - Non Tariff

Supersession of NOTIFICATION NO. 22/1995-CE(N.T.), DT. 29/05/1995 - Rate of interest on delayed refunds (This Notification has been superseded vide NOTIFICATION NO. 39/2000-CE(N.T.), DATED 12/05/2000 ) NOTIFICATION NO. 07/2000-CE(N.T.) DATED 01/03/2000 G.S.R. (E).- In exercise of the powers conferred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 number 22/95-C.E. (N.T.), dated the 29th May, 1995, the Central Board of Excise and Customs hereby fixes the rate of interest at twenty four per cent. per annum for the purposes of the said section. (F.No.334/ 1/2000-TRU)