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of <h1>Finance Bill 2024 Extends Mega Power Project Certificate Deadline, Exempts Clean Environment Cess for Specific Stock Goods.</h1> The Union Budget 2024-25, through the Finance (No. 2) Bill, 2024, amends central excise notifications. Notably, Notification No 12/2012-Central Excise is revised to extend the submission period for the Mega Power Project certificate from 120 to 156 months. Additionally, the Clean Environment Cess, previously levied as an excise duty, is exempted for goods in stock as of June 30, 2017, provided appropriate GST Compensation Cess is paid on their supply from July 1, 2017. These amendments take effect upon the enactment of the Finance Bill 2024.
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