Penalty amount under section 23C(3) increased by legislative amendment replacing prior specified sum with higher specified sum. The amendment substitutes the words in Section 23C(3) of the Central Excise Act to replace the previously specified lower monetary sum with a higher ... Summary
Penalty amount under section 23C(3) increased by legislative amendment replacing prior specified sum with higher specified sum.
The amendment substitutes the words in Section 23C(3) of the Central Excise Act to replace the previously specified lower monetary sum with a higher specified sum, thereby increasing the designated amount set out in that sub section by legislative substitution enacted under the Finance Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.