Amendment in Section 32F (6)

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Question - What are proposed amendment in Section 32F(6) in Central Excise Act ,1944 in Finance Bill 2015 ?

AI Summary

Amendment to Section 32F(6) of the Central Excise Act removes outdated deadlines for Settlement Commission orders. The discussion revolves around the amendment to Section 32F(6) of the Central Excise Act, 1944, as proposed in the Finance Bill 2015. The amendment addresses the redundancy of specific dates related to the Settlement Commission's deadlines for passing final orders on applications. Originally, applications filed before May 31, 2007, were to be resolved by February 29, 2008, and those after by nine months. With all pre-May 2007 applications resolved, the amendment removes references to these dates, streamlining the section.