Amendment in Sec.32O

[Admin TMI]

Question - What are proposed amendment in Section 32O in Central Excise Act ,1944 in Finance Bill 2015 ?

AI Summary

Proposed Amendments to Section 32O of Central Excise Act 1944 Aim to Clarify Settlement Commission Re-approach Rules The discussion focuses on proposed amendments to Section 32O of the Central Excise Act, 1944, as outlined in the Finance Bill 2015. Section 32O restricts individuals from re-approaching the Settlement Commission after an order is passed. Initially, distinctions were made for orders passed before and after the 2007 Finance Act's section 122 commencement. The 2010 amendments allowed applicants to approach the Settlement Commission if not affected by specific clauses. The current amendment aims to remove redundant phrases related to orders passed under certain sub-sections of section 32F before the 2007 amendments.