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of <h1>Settlement Commission Replaced by Interim Board in Central Excise Act with Modified Timelines Under Section 32F</h1> The amendment to section 32F of the Central Excise Act introduces new sub-sections effective April 1, 2025. It replaces 'Settlement Commission' with 'Interim Board' in various provisions and modifies procedural timelines. In sub-section (3), the seven-day period now runs from receipt of the order rather than the date of order. The Interim Board receives authority to extend time limits under sub-section (6) by up to twelve months from its constitution date, provided this extension is granted within three months of the Board's formation and reasons are recorded in writing.
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