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Rate of interest on late payment of excise duty

Central Excise - Started By: - MEHUL ASHAR - Dated:- 6-3-2016 Last Replied Date:- 8-3-2016 - Respected Sir, As regarding above subject, my query is that is there any change in the rate of interest on late payment of duty according to the budget 2016-17 because at present the rate is 18% on late payment of duty so from 01-04-2016 it will be 18% or else.Please reply.THANKING U - Reply By Rajagopalan Ranganathan - The Reply = Sir, With effect from 01.04.2016 the rate of interest to be levied under .....

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