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<h1>Section 15A of Central Excise Act: Entities Must Submit Info Returns or Face Consequences for Non-compliance.</h1> Section 15A of the Central Excise Act, 1944, mandates various entities, including assessees, local authorities, state tax authorities, banking companies, electricity boards, registrars, motor vehicle authorities, collectors, stock exchanges, depositories, and Reserve Bank officers, to furnish information returns. These returns must include records of taxes, transactions, or other specified details within prescribed periods, formats, and manners. If a return is defective, the authority may allow a rectification period of 30 days or more. Failure to submit or rectify within the specified timeframe results in the return being treated as unsubmitted, with applicable legal consequences.