Sudden hike in interest rate

Pradeep Jain , Last updated: 03 March 2011  
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The Interest liability is amplified in all the sections of custom, excise and service tax to 18% as from earlier of 13% per annum from this budget. This is one of highest increase in the rates of interest ever. In Central Excise the notification no. No. 6/2011-Central Excise (N.T.) dt. 01.03.2011

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Pradeep Jain
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