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)]