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of <h1>Govt of India Notification 16/2014 empowers Chief Commissioner to impose restrictions on excise duty offenses over 10 lakhs.</h1> Notification No. 16/2014 issued by the Government of India supersedes the previous Notification No. 5/2012, allowing the Chief Commissioner of Central Excise to withdraw facilities or impose restrictions on entities found involved in various offenses related to excise duty and CENVAT credit. These offenses include removal of goods without invoices, incorrect valuation, and misuse of CENVAT credit. Restrictions may include withdrawal of monthly duty payments, CENVAT credit utilization, and suspension of registration. The notification applies to cases involving amounts exceeding ten lakhs, with a procedure for reviewing and acting on offenses within 30 days, ensuring the right to a hearing.
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