Insertion of new section 11E- Liability under Act to be first charge.

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.... the Central Excise Act, the following section shall be inserted, namely:- Liability under Act to be first charge. "11E. Notwithstanding anything to the contrary contained in any Central Act or Sta....

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....e Enforcement of Security Interest Act, 2002, (54 of 2002.) be the first charge on the property of the assessee or the person, as the case may be.". - Clause 63 of the Bill seeks to insert a new se....