Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
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>Amendment to Finance Act: Aligns Additional Excise Duty Procedures with Central Excise Act for Goods in Seventh Schedule.</h1> Section 163 of the Finance (No. 2) Act, 2024 amends the Finance Act, 2005 by replacing sub-section (3) of section 85. The new sub-section specifies that the provisions of the Central Excise Act, 1944, including all related rules and regulations, will apply to the levy and collection of additional excise duty on goods listed in the Seventh Schedule. This includes provisions concerning duty rates, assessments, exemptions, interest, recovery, appeals, and penalties, aligning them with the procedures for excise duties under the Central Excise Act.
TaxTMI 
TaxTMI 
