Monetary threshold for Central Excise prosecution raised to streamline initiation and conserve departmental resources. Enhancement of the monetary limit for initiating prosecution under the Central Excise Act directs that prosecution be confined to matters exceeding a newly prescribed threshold, applied prospectively, to prioritise higher-value cases and ensure better utilisation of departmental manpower, time and resources.
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Monetary threshold for Central Excise prosecution raised to streamline initiation and conserve departmental resources.
Enhancement of the monetary limit for initiating prosecution under the Central Excise Act directs that prosecution be confined to matters exceeding a newly prescribed threshold, applied prospectively, to prioritise higher-value cases and ensure better utilisation of departmental manpower, time and resources.
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