[G.O.Ms.No. 1545, Revenue (T), dt. 23rd Oct. 82, Published in A.P. Gazette, R.S. to Part II, dt. 27-1-83]
In exercise of the powers conferred by Section 72 read with sub-section (3) of Section 65 of the Andhra Pradesh
Excise Act, 1968 (Act 17 of 1968), the Governor of Andhra Pradesh hereby makes
the following rules: -
1. Short
title and commencement: -
(1)
These rules may be called the Andhra Pradesh Excise (Levy
of interest on Government Dues) Rules, 1982.
(2)
(a) They shall come into force at once in so far as they
relate to payment of arrears of rentals mentioned in Rule 28 of the Andhra
Pradesh Excise (Arrack and Toddy
Licences General Conditions) Rules, 1969, and
(b) They shall be deemed to have come
into force on the 1st July, 1981 in respect of other Government moneys due mentioned
in Section 65 of the Act.
2. Definitions:
-
In these rules unless the context
otherwise requires, 'Act' means the Andhra Pradesh Excise Act, 1968.
3. Interest:
-
The arrears of moneys recoverable under
Section 65 of the Act shall bear interest at the rate of [eighteen]* percent
per annum.
* Subs. for the word "fifteen" by GO.Ms.No.1142,
Rev.(T), dt. 13-9-1986.
