Schedule amendment power permits notified penalty revisions within a statutory ceiling, with amendments taking effect upon notification. Central Government may amend the Schedule by notification, subject to a ceiling preventing any specified penalty from exceeding twice the amount ... Summary
Schedule amendment power permits notified penalty revisions within a statutory ceiling, with amendments taking effect upon notification.
Central Government may amend the Schedule by notification, subject to a ceiling preventing any specified penalty from exceeding twice the amount originally specified. Each notified amendment has statutory force and takes effect on its notification date. The power permits revision of scheduled penalties within the prescribed ceiling, with immediate commencement through notification.
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