Amendment of section 35B
95. In the Central Excise Act, in section 35B,——
(a) in sub-section (1), in the second proviso, for the words “fifty thousand rupees”, the words “two lakh rupees” shall be substituted;
(b) in sub-section (1B), in clause (i), for the words “by notification in the Official Gazette”, the words “by order” shall be substituted.
Notes on Clauses:
Clause 95 of the Bill seeks to amend section 35B of the Central Excise Act so as to-
(i) amend the second proviso to sub-section (1) to substitute the words “rupees fifty thousand” with the words “rupees two lakhs” so as to enable the discretionary powers of the Tribunal to refuse admission of appeal in cases up to rupees two lakhs.
(ii) amend clause (i) of sub-section (1B) so as to enable the Board to constitute Committee by issuing an order instead of a notification to be published in the Official Gazette.
