Seeks to supersede notification No. 30/99-Customs, dated 12-5-99 and fix rate of interest for warehoused goods at twenty four per cent. per annum under section 61(2) of the Customs Act, 1962 - 010/01 - Customs - Non Tariff
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Interest rate for warehoused goods revised, superseding prior notification and taking effect in mid-March. Fixes the rate of interest on warehoused goods at twenty-four per cent per annum under the Customs Act, 1962, superseding notification No. 30/99 Customs of 12 May 1999 except as to past actions, and states that the notification takes effect on 16 March 2001.
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Provisions expressly mentioned in the judgment/order text.
Interest rate for warehoused goods revised, superseding prior notification and taking effect in mid-March.
Fixes the rate of interest on warehoused goods at twenty-four per cent per annum under the Customs Act, 1962, superseding notification No. 30/99 Customs of 12 May 1999 except as to past actions, and states that the notification takes effect on 16 March 2001.
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