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IN exercise of the powers
conferred on the Secretary
responsible for Finance and
Economic Planning by section 270
of the customs and Excise Decree,
1972 (N.R.C.D. 114) these
Regulations are made this 20th day
of December, 1985.
Regulation 1—L.I. 1060 Amended.
The Customs Regulations, 1976 (L.I.
1060) as amended are hereby
further amended by the insertion
immediately after regulation 136
thereof of the following new
regulation :
“136A. Interest Charges.
Without prejudice to regulation
136 of these Regulations, there
shall be levied on goods deposited
in a State warehouse under section
133 of the Customs and Excise
Decree, 1972 (N.R.C.D. 114) an
interest charge of twenty five per
centum calculated at simple
interest on the amount of the
total import duty and other impost
payable in respect of such goods
for each period of one month or
part thereof during which the
goods are deposited in the
warehouse”.
Regulation 2—Commencement.
This Instrument shall be deemed to
have come into force on the 18th
day of April, 1985.
DR. KWESI BOTCHWEY
P.N.D.C. Secretary Responsible for
Finance and Economic Planning
Date of Gazette Notification:
24th December, 1985.
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