Notification
No. 5/2011-Central Excise (N.T.)
New Delhi, the 1st March, 2011
G.S.R. (E).— In exercise of the powers conferred by section 11AA of the
Central Excise Act, 1944 (1of 1944) and in supersession of the notification of
the Government of India in the Ministry of Finance(Department of Revenue)
No.18/2002-Central Excise(N.T.), dated the 13th May, 2002[GSR (E), dated the
13th May, 2002], except as respects things done or omitted to be done before
such supersession, the Central Government hereby fixes the rate of interest at
eighteen percent. per annum for the purposes of the said section.
This notification shall come into force from the 1st day of April, 2011.