Transfer of settlement powers: Interim Board to exercise Settlement Commission functions with mutatis mutandis application from April 2025. The Bill provides that, on and from 1 April 2025, the powers and functions under the settlement provisions of the Central Excise Act (including section 32G) shall be exercised or performed by an Interim Board, and that the relevant sections shall apply mutatis mutandis to the Interim Board as they apply to the Settlement Commission.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of settlement powers: Interim Board to exercise Settlement Commission functions with mutatis mutandis application from April 2025.
The Bill provides that, on and from 1 April 2025, the powers and functions under the settlement provisions of the Central Excise Act (including section 32G) shall be exercised or performed by an Interim Board, and that the relevant sections shall apply mutatis mutandis to the Interim Board as they apply to the Settlement Commission.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
