Notification No. 8/2000-C.E. (N.T.), dated 1-3-2000.
Notification under Section
11 AB - Interest on delayed payment of duty. - In exercise
of the powers conferred by section 11AB of the Central Excise Act, 1944
(1 of 1944) and supersession of the notification of the Government of India
in the Ministry of Finance number 34/96-C.E. (N.T.), dated 9th October,
1996, 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.