https://www.taxtmi.com/acts?id=19295 Clauses 90-103 amend the Central Excise Act to clarify the meaning of "factor," revise section 11A to exclude self assessed declared duty from its operation with prescribed recovery mechanisms and transitional rules, substitute and rationalise penalty provisions in section 11AC, and make targeted deletions and substitutions across multiple sections to streamline procedural language. The Bill increases specified penal amounts, retrospectively amends a notification under section 5A for a stated period, and inserts and amends entries in the Third Schedule, collectively effecting technical, procedural and penalty reforms to central excise administration. en-us Sat, 28 Feb 2015 21:10:41 +0530 Mon, 02 Mar 2015 17:05:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19295 Clauses 90-103 amend the Central Excise Act to clarify the meaning of "factor," revise section 11A to exclude self assessed declared duty from its operation with prescribed recovery mechanisms and transitional rules, substitute and rationalise penalty provisions in section 11AC, and make targeted deletions and substitutions across multiple sections to streamline procedural language. The Bill increases specified penal amounts, retrospectively amends a notification under section 5A for a stated period, and inserts and amends entries in the Third Schedule, collectively effecting technical, procedural and penalty reforms to central excise administration. Act-Rules Bills Sat, 28 Feb 2015 21:10:41 +0530 https://www.taxtmi.com/acts?id=19295