Notification 10/2001 Customs

Notification                                                                                     New Delhi, dated the 1st March, 2001
No.10 / 2001-Customs (N.T.)                                                                             10 Phalguna, 1922 (Saka)

G.S.R. (E) - In exercise of the powers conferred by clause (ii) of sub-section (2) of section 61 of the Customs Act, 1962 (52 of 1962) and in supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 30/99-Customs (N.T.) dated the 12th May, 1999, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs for the purpose of the said sub-section fixes the rate of interest at twenty-four per cent per annum.

2. This notification shall come into force on the 16th day of March, 2001.

 

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