Central Excise (Second Amendment) Rules, 2014 - 14/2014 - Central Excise - Non Tariff

Power to impose restrictions in tax evasion cases enables suspension of registration and withdrawal of facilities to prevent duty default.

The substituted rule 12CCC empowers the Central Government to specify, by notification, restrictions on manufacturers, first stage and second stage dealers, or exporters-including suspension of registration, withdrawal of facilities, and the procedure for issuance of such orders by the Chief Commissioner-where, having regard to extent of evasion, nature and type of offences or other relevant factors, it is necessary in the public interest to prevent evasion of, or default in payment of, excise duty. Pending proposals under the 2012 procedure shall be treated as initiated under this rule and decided accordingly.