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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- .....

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Section 11 AA of Central Excise Act, 1944 will be 15% vide Notification No. 15/2016-CE (NT) dated 01.03.2016. Prior to that date the rate of interest will be 18%. - Reply By Ganeshan Kalyani - The Reply = The rate of interest for delayed payment of e .....

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