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TIOL-DDT 702 · Wednesday, 19 September 2007 · story 4 of 4

Interest Rates for Customs and excise duties

By Vijay Kumar

Period from

Interest rates

Delayed Refunds

Delayed payment of duty

29.05.1995

15%

20%

01.03.2000

15%

24%

11.05.2001

9%

24%

13.05.2002

8%

15%

12.09.2003

6%

13%

CBEC Letter F. NO. F.No. 4/6/2007-CX, Dated August 30, 2007