Clause 88 - Amendment of section 35C - Finance Bill, 2013

Amendment of section 35C 88. In section 35C of the Central Excise Act, in sub-section ( 2A ), after the second proviso, the following proviso shall be inserted, namely: Provided also that where such appeal is not disposed of within the period specified in the first proviso, the Appellate Tribunal may, on an application made in this behalf by a party and on being satisfied that the delay in disposing of the appeal is not attributable to such party, extend the period of stay to such further period, as it thinks fit, not exceeding one hundred and eighty-five days, and in case the appeal is not so disposed of within the total period of three hundred and sixty-five days from the date of order referred to in the first proviso, the stay order shall, on the expiry of the said period, stand vacated. .