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<h1>Interest Rate Set at 15% Annually Under Section 11DD of Central Excise Act, 1944, via Notification No. 68/2003-CE(N.T.)</h1> The Central Government, exercising powers under Section 11DD of the Central Excise Act, 1944, has set the interest rate at fifteen percent per annum. This decision is formalized under Notification No. 68/2003-CE(N.T.) dated September 12, 2003.