Customs Notification No. 18 dated 1^st March 2003 (NT)

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 erstwhile Ministry of Finance (Department of Revenue) No. 10/2001-Customs (N.T.), dated the 1^st March 2001, published in the Gazette of India vide number G.S.R. 127 (E) dated the 1^st March, 2001, the Central Board of Excise and Customs for the purposes of the said sub-section fix the rate of interest at fifteen per cent per annum.