Amendment in Section 32F (6)

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..... Amendment in Section 32F (6)
Query (Issue) Started By: - Admin TMI Dated:- 28-2-2015 Last Reply Date:- 28-2-2015 Central Excise
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Central Excise
Question - What are proposed am .....

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..... endment in Section 32F(6) in Central Excise Act ,1944 in Finance Bill 2015 ? Reply By Admin TMI: The Reply: Sub-section (6) of section 32F provides that in respect of the applications filed before 3 .....

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..... 1st day of May, 2007, Settlement Commission shall pass the final order of settlement under sub-section (5) of section 32F latest by 29th February 2008 and in cases filed after 31st day of May, 2007, w .....

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..... ithin nine months. Since all the applications filed before 31st day of May, 2007 shall have been necessarily disposed of by 29th day of 2008, the reference to the said dates have become redundant. The .....

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..... refore, the said sub-section has been amended so as to omit the phrase "in respect of an application filed on or before the 31st day of May, 2007, later than the 29th day of February, 2008 and in resp .....

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..... ect of application made on or after the 1st day of June, 2007".
Discussion Forum - Knowledge Sharing .....

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