Seeks to fix the rate of interest under section 28AA of the Customs Act, 1962 and supersede notification No. 17/2011-Cus (N.T) dated 01.03.2011. - 33/2016 - Customs - Non Tariff
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Rate of interest under Customs Act set for statutory interest provision, superseding prior notification and taking effect thereafter. Fixes the rate of interest applicable under the Customs Act interest provision, superseding the earlier notification and preserving prior actions; declares the notification to come into force from the stated commencement date and reflects the Department of Revenue's exercise of statutory rate-setting authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Rate of interest under Customs Act set for statutory interest provision, superseding prior notification and taking effect thereafter.
Fixes the rate of interest applicable under the Customs Act interest provision, superseding the earlier notification and preserving prior actions; declares the notification to come into force from the stated commencement date and reflects the Department of Revenue's exercise of statutory rate-setting authority.
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