Whether in absence of any specific penal provisions in Section 3(3) of the Additional Duties of Excise (Goods of a Special Importance) Act, 1957, the provisions relating to confiscation and imposition of penalty are applicable to man-made fabrics which are 'excisable goods' finding mention in Schedu

Whether in absence of any specific penal provisions in Section 3(3) of the Additional Duties of Excise (Goods of a Special Importance) Act, 1957, the provisions relating to confiscation and imposition of penalty are applicable to man-made fabrics which are 'excisable goods' finding mention in Schedu https://www.taxtmi.com/circulars?id=434 Section 3(3) of the Additional Duties Act adopts provisions of the Central Excise Act and Rules "so far as may be", including those relating to refunds and exemptions; by this referential legislation the procedural and substantive mechanisms for levy and collection-assessment, recovery, confiscation and penalties-apply to additional duties unless expressly inconsistent with the 1957 Act. en-us Tue, 02 Apr 2002 00:00:00 +0530 Tue, 23 Sep 2008 16:42:00 +0530 TaxTMI RSS Generator Whether in absence of any specific penal provisions in Section 3(3) of the Additional Duties of Excise (Goods of a Special Importance) Act, 1957, the provisions relating to confiscation and imposition of penalty are applicable to man-made fabrics which are 'excisable goods' finding mention in Schedu https://www.taxtmi.com/circulars?id=434 Section 3(3) of the Additional Duties Act adopts provisions of the Central Excise Act and Rules "so far as may be", including those relating to refunds and exemptions; by this referential legislation the procedural and substantive mechanisms for levy and collection-assessment, recovery, confiscation and penalties-apply to additional duties unless expressly inconsistent with the 1957 Act. Circulars Central Excise Tue, 02 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=434