Six Percent Interest in Delayed Refund of Deposits after Appellate Order

[Customs Notification No. 70 (Non Tariff) dated 12th August 2014]

In exercise of powers conferred by section 129EE of the Customs Act, 1962 (52 of 1962), the Central Government hereby fixes the rate of interest at six percent per annum for the purpose of the said Section.

[F.No. 390/Budget/1/2012-JC (Pt)]

[Central Excise Notification No. 24 (Non Tariff) dated 12th August 2014]

In exercise of powers conferred by section 35FF of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby fixes the rate of interest at six percent per annum for the purpose of the said Section.

[F.No. 390/Budget/1/2012-JC (Pt)]