Rescinding notifications of central excise exemptions removes specified earlier exemptions while preserving actions taken before rescission. The Central Government, invoking powers under section 5A(1) of the Central Excise Act read with specified Finance Act provisions, rescinds two specified central excise exemption notifications, withdrawing their prospective effect while expressly preserving effects of actions or omissions completed before the rescission.
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Rescinding notifications of central excise exemptions removes specified earlier exemptions while preserving actions taken before rescission.
The Central Government, invoking powers under section 5A(1) of the Central Excise Act read with specified Finance Act provisions, rescinds two specified central excise exemption notifications, withdrawing their prospective effect while expressly preserving effects of actions or omissions completed before the rescission.
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