TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Repeal of central excise laws preserves accrued rights, liabilities and ongoing tax proceedings; rescinded exemptions cease on appointed day</h1> On commencement, specified central excise and related enactments are repealed, but the repeal does not revive anything not in force nor impair prior operation, rights, privileges, obligations or liabilities accrued under the repealed or amended laws. Tax exemptions given by notification cease to remain privileges if rescinded on or after the appointed day. All duties, taxes, surcharges, penalties, interest, forfeitures, investigations, assessments, adjudications, appeals and other legal proceedings or recovery may be instituted, continued or enforced and levied as if the repealed or amended laws remained in force. The general repeal principles under the General Clauses Act remain applicable.
TaxTMI 
TaxTMI 
