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    <title>NOTIFICATION NO.34/1996-CE(N.T.), DT. 09/10/1996 - Interest on delayed payment of duty</title>
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    <description>Central Board of Excise and Customs fixes the rate of interest for delayed payment of excise duty at twenty-four per cent per annum for the purposes of section 11AB of the Central Excise Act, 1944, and supersedes Notification No. 34/96-C.E. (N.T.), dated 9 October 1996, thereby establishing the statutory interest rate applicable to late duty payments.</description>
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      <description>Central Board of Excise and Customs fixes the rate of interest for delayed payment of excise duty at twenty-four per cent per annum for the purposes of section 11AB of the Central Excise Act, 1944, and supersedes Notification No. 34/96-C.E. (N.T.), dated 9 October 1996, thereby establishing the statutory interest rate applicable to late duty payments.</description>
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