Excise threshold raised from thirty lakh to fifty lakh, changing applicability of central excise levy. Section 9(1)(i) of the Central Excise Act, 1944 has been amended to substitute the words "fifty lakh" for the words "thirty lakh", thereby raising the ... Summary
Excise threshold raised from thirty lakh to fifty lakh, changing applicability of central excise levy.
Section 9(1)(i) of the Central Excise Act, 1944 has been amended to substitute the words "fifty lakh" for the words "thirty lakh", thereby raising the monetary threshold referenced in that clause.
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