Amendment to section 11AA limits retroactivity of excise duty provisions where liability arises after Presidential assent. The amendment renumbers the existing provision as sub section (1) and inserts a sub section excluding the application of sub section (1) where excise duty becomes payable on or after the date the Finance Bill, 2001 receives the President's assent, thereby limiting the temporal reach of the original provision.
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.
Amendment to section 11AA limits retroactivity of excise duty provisions where liability arises after Presidential assent.
The amendment renumbers the existing provision as sub section (1) and inserts a sub section excluding the application of sub section (1) where excise duty becomes payable on or after the date the Finance Bill, 2001 receives the President's assent, thereby limiting the temporal reach of the original provision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.