Retrospective amendment to excise notification validates prior exemptions and confirms past actions as legally effective. Amendment provides for a retrospective amendment of the specified excise notification by effecting changes set out in the Sixth Schedule and treating those changes as having been in force from the corresponding retrospective date. It deems actions taken during the retrospective period to have been validly and effectively done as if the amendment had been in force, and declares the Central Government to have had the power to make such retrospective amendment despite repeal of a finance chapter, with a clarification that no new offence is created by this provision.
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Provisions expressly mentioned in the judgment/order text.
Retrospective amendment to excise notification validates prior exemptions and confirms past actions as legally effective.
Amendment provides for a retrospective amendment of the specified excise notification by effecting changes set out in the Sixth Schedule and treating those changes as having been in force from the corresponding retrospective date. It deems actions taken during the retrospective period to have been validly and effectively done as if the amendment had been in force, and declares the Central Government to have had the power to make such retrospective amendment despite repeal of a finance chapter, with a clarification that no new offence is created by this provision.
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