Limitation period extended: statutory time limit under section eleven A increased to two years for excise assessments. The amendment revises the temporal scope of review and assessment under section 11A of the Central Excise Act by replacing every occurrence of the phrase ... Summary
Limitation period extended: statutory time limit under section eleven A increased to two years for excise assessments.
The amendment revises the temporal scope of review and assessment under section 11A of the Central Excise Act by replacing every occurrence of the phrase "one year" with "two years," thereby extending the period within which authorities may act under that provision.
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