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Amendment in Sec.37 (4) & (5), Central Excise

Issue Id: - 108140
Dated: 1-3-2015
By:- Admin TMI

Amendment in Sec.37 (4) & (5)


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Question - What are proposed amendment in Section 37 (4) and (5) in Central Excise Act ,1944 in Finance Bill 2015 ?

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Page: 1


1 Dated: 1-3-2015
By:- Admin TMI

Sub-sections (4) and (5) of section 37 are being amended so as to increase the penalty from ₹ 2000 to ₹ 5000.


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