Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment to Section 32-O of Central Excise Act clarifies 'concealment of duty liability' in indirect taxes context.</h1> In the Finance (No. 2) Act, 2014, an amendment was made to section 32-O of the Central Excise Act. Specifically, in sub-section (1), clause (i), an explanation was added clarifying that the term 'concealment of particulars of duty liability' refers to any concealment made from the Central Excise Officer. This amendment pertains to the context of indirect taxes and aims to provide clarity on what constitutes concealment under the Act.