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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Central Government Can Set Rules for Commodities Transaction Tax Under Finance Bill 2008, Sections 102, 111, 112.</h1> The Central Government is empowered to create rules to implement the provisions of the chapter on the Commodities Transaction Tax in the Finance Bill, 2008. These rules may specify the time limits, forms, and procedures for submitting returns under section 102, and the form and verification process for appeals under sections 111 and 112. Once established, the rules must be presented to both Houses of Parliament for a total of thirty days. If both Houses agree on modifications or annulment, the rules will be adjusted or nullified accordingly, without affecting prior actions taken under them.