Rate of interest fixed for warehoused goods, establishing statutory interest consequences under customs notification. The Central Board of Excise and Customs, under clause (ii) of sub section (2) of section 61 of the Customs Act, 1962, superseded Notification No. 10/2001 Cus. (N.T.) and fixed the rate of interest on warehoused goods at fifteen per cent per annum by Notification No. 18/2003 Cus. (N.T.), dated 1 3 2003; the notification was later rescinded by a subsequent notification dated 8 7 2016.