Rate of interest on warehoused goods fixed under Customs Amendment Act provisions, establishing the applicable interest charge for specified sub clauses. Fixation of the rate of interest applicable to goods deposited in customs warehouses is prescribed by notification exercising statutory powers under the Customs (Amendment) Act, 1991, setting the interest rate for the purposes of the specified sub clauses and thereby establishing the chargeable interest applicable to warehoused goods.
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Provisions expressly mentioned in the judgment/order text.
Rate of interest on warehoused goods fixed under Customs Amendment Act provisions, establishing the applicable interest charge for specified sub clauses.
Fixation of the rate of interest applicable to goods deposited in customs warehouses is prescribed by notification exercising statutory powers under the Customs (Amendment) Act, 1991, setting the interest rate for the purposes of the specified sub clauses and thereby establishing the chargeable interest applicable to warehoused goods.
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