Excise amendment raises monetary ceiling to fifty lakh rupees for penalties under the Central Excise Act. The amendment replaces the prior ceiling of ten lakh rupees with fifty lakh rupees in the relevant subsection of the Central Excise Act, increasing the statutory monetary ceiling referenced in that provision by textual substitution without altering other operative terms.
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Provisions expressly mentioned in the judgment/order text.
Excise amendment raises monetary ceiling to fifty lakh rupees for penalties under the Central Excise Act.
The amendment replaces the prior ceiling of ten lakh rupees with fifty lakh rupees in the relevant subsection of the Central Excise Act, increasing the statutory monetary ceiling referenced in that provision by textual substitution without altering other operative terms.
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