Advance ruling scheme extended to public sector companies, making them eligible for pre assessment determinations under Central Excise. The Central Government, under sub clause (iii) of clause (c) of section 23A of the Central Excise Act, 1944, specifies any public sector company as a class of persons to which the advance ruling scheme applies; 'public sector company' is defined by reference to clause (36A) of section 2 of the Income tax Act, 1961, thereby extending eligibility for advance rulings to that specified class without altering substantive tax liabilities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Advance ruling scheme extended to public sector companies, making them eligible for pre assessment determinations under Central Excise.
The Central Government, under sub clause (iii) of clause (c) of section 23A of the Central Excise Act, 1944, specifies any public sector company as a class of persons to which the advance ruling scheme applies; "public sector company" is defined by reference to clause (36A) of section 2 of the Income tax Act, 1961, thereby extending eligibility for advance rulings to that specified class without altering substantive tax liabilities.
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