NTF. NO. 21/2007-CE(N.T.), DT. 19/04/2007
- Document type
- Notification
- Reference no.
- II
- Dated
- Category
- Non-Tariff
For non fulfillment export interest rate reduced to 13% instead of 24%
For non fulfillment export interest rate reduced to 13% instead of 24%
In exercise of the powers conferred by rule 19 of the Central Excise Rules, 2002, the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue, No. 45/2001-CE (N.T) dated the 26 th June, 2001 published in the Gazette of India, Extraordinary, No. 474(E), dated the 26 th June, 2001.
In the said notification, in paragraph 2, sub-paragraph (3) in clause (ii), for the words along with twenty four percent interest thereon, the words along with interest prescribed under section 11AB of the Central Excise Act, 1944 thereon shall be substituted.
[F.No. 201/46/2006-CX.6]
(Rahul Nangare)
Under Secretary to the Government of India
Note: The principal notification No. 45/2001-CE(NT) dated the 26 th June, 2001 was published in the Gazette of India, Extraordinary, vide number G.S.R. 474(E) dated the 26 th June, 2001 and was last amended vide notification No. 03/2003-CE(N.T.) dated the 30 th January, 2003 vide number G.S.R. 68(E), dated the 30 th January, 2003.