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of <h1>Monetary Limits Revised for Arrests in Central Excise & Service Tax Offenses; Prosecution for Evasion Over Rs. 1 Crore.</h1> The circular issued by the Central Board of Excise & Customs revises the monetary limits for arrests related to Central Excise and Service Tax offenses. Prosecution can now be initiated for evasion or misuse involving amounts of one crore rupees or more, as specified under the relevant sections of the Central Excise Act, 1944, and the Finance Act, 1994. This amendment affects previous circulars issued in 2013. Any difficulties in implementing the revised guidelines should be reported to the Board, and a Hindi version of the circular will be provided.
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