Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Amendment to Central Excise Rules 2001 modifies Rule 18 retroactively under Finance Act 2008, actions from 2001-2002 validated.</h1> The amendment to the Central Excise (No. 2) Rules, 2001, under the Finance Act, 2008, modifies Rule 18 retrospectively as specified in the Fifth Schedule. This amendment is effective from the dates mentioned in the schedule, overriding any court or tribunal decisions. Actions taken between July 1, 2001, and February 28, 2002, are considered valid under the amended rule. Despite the supersession of these rules, the Central Government retains the authority to enact rules retrospectively under section 37 of the Central Excise Act. No actions will be penalized retroactively if they were not offenses prior to this amendment.