Third-party notice to pay requires banks, post offices and insurers to remit monies to government upon notice. Section 11 is renumbered as sub section (1) and amended to allow the officer or a proper officer under the Customs Act to deduct payable amounts from money owing to the debtor. A new sub section (2) permits a Central Excise Officer to issue a written notice directing any person who owes or holds money for the debtor to pay sufficient funds to the Central Government; post offices, banks and insurers must comply without requiring passbooks or policies. Failure to pay renders the notified person deemed liable for the duty and subject to the Act's recovery consequences.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Third-party notice to pay requires banks, post offices and insurers to remit monies to government upon notice.
Section 11 is renumbered as sub section (1) and amended to allow the officer or a proper officer under the Customs Act to deduct payable amounts from money owing to the debtor. A new sub section (2) permits a Central Excise Officer to issue a written notice directing any person who owes or holds money for the debtor to pay sufficient funds to the Central Government; post offices, banks and insurers must comply without requiring passbooks or policies. Failure to pay renders the notified person deemed liable for the duty and subject to the Act's recovery consequences.
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