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What is rate of interest on delayed payment of custom duty a

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 February 2014 What is Rate of Interest on delayed payment of Custom Duty and also advise the Notification if any.
Thanks in Advance.
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Jyotindra Thakar

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Jyotindra Thakar (Expert)
13 February 2014 Interest rate on delayed payment of Custom Duty is 15% per annum. Interest is payble after two days from the date of OOC (Out of Charge) given by Customs.
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 February 2014 is there any notification of this?
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