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Transfer of Settlement Commission powers to Interim Board applies mutatis mutandis, effective from April 2025. Amendment inserts a proviso into section 32-O of the Central Excise Act providing that, from 1 April 2025, the provisions of that section shall apply mutatis mutandis to the Interim Board as they apply to the Settlement Commission; related clauses 108-115 similarly provide that the powers and functions of the Settlement Commission under specified sections shall be exercised by the Interim Board and that all provisions of those sections shall mutatis mutandis apply to the Interim Board.
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Transfer of Settlement Commission powers to Interim Board applies mutatis mutandis, effective from April 2025.
Amendment inserts a proviso into section 32-O of the Central Excise Act providing that, from 1 April 2025, the provisions of that section shall apply mutatis mutandis to the Interim Board as they apply to the Settlement Commission; related clauses 108-115 similarly provide that the powers and functions of the Settlement Commission under specified sections shall be exercised by the Interim Board and that all provisions of those sections shall mutatis mutandis apply to the Interim Board.
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