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    <description>Fixes the statutory rate of interest payable on delayed excise refunds by invoking section 11BB of the Central Excises Act, 1944, prescribes the applicable annual interest rate for that provision, and supersedes the earlier Central Excise (Non Tariff) notification No. 22/95-Central Excise (N.T.), while saving things done or omitted before such supersession.</description>
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