Supersession of the Notification No. 32 /2000 –Customs (N. T.), dated the 12th May, 2000

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Customs Notification(NT) No. 26 / 2002 dated 13/05/2002
Supersession of the Notification No. 32 /2000 –Customs (N. T.), dated the 12th May, 2000-interest rate reduced to 15%

In exercise of the powers conferred by section 28AA 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. 32 /2000 –Customs (N. T.), dated the 12th May, 2000 [GSR 438 (E), dated the 12th 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