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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Act 2006: Section 66 mandates phased amendments to Central Excise Act's Third Schedule, starting January 1, 2007.</h1> Section 66 of the Finance Act, 2006, mandates amendments to the Third Schedule of the Central Excise Act. These amendments are to be implemented in two phases: the first phase takes effect on January 1, 2007, as detailed in Part I of the Fifth Schedule. The second phase will be enacted on a date designated by the Central Government through an official notification, as outlined in Part II of the Fifth Schedule.
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