Interest rate fixed for central excise liabilities prescribing the statutory annual charge and superseding prior notification. Fixes the annual rate of interest for central excise liabilities at fifteen per cent by exercising the Central Government's power under the Central Excise Act, superseding the prior May 2000 notification and prescribing the statutory interest chargeable on excise dues.
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Provisions expressly mentioned in the judgment/order text.
Interest rate fixed for central excise liabilities prescribing the statutory annual charge and superseding prior notification.
Fixes the annual rate of interest for central excise liabilities at fifteen per cent by exercising the Central Government's power under the Central Excise Act, superseding the prior May 2000 notification and prescribing the statutory interest chargeable on excise dues.
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