Section 118 - Amendment of section 32F. - Finance Act, 2017

Amendment of section 32F. 118. In the Central Excise Act, in section 32F, (i) in sub-section (1), for words, brackets and figure sub-section (1) of shall be omitted; (ii) after sub-section (5), the following sub-section shall be inserted, namely: (5A) The Settlement Commission may, at any time within three months from the date of passing of the order under sub-section (5), amend such order to rectify any error apparent on the face of record, either suo motu or when such error is brought to its notice by the jurisdictional Principal Commissioner of Central Excise or Commissioner of Central Excise or the applicant: Provided that no amendment which has the effect of enhancing the liability of the applicant shall be made under this sub-section, unless the Settlement Commission has given notice of such intention to the applicant and the jurisdictional Principal Commissioner of Central Excise or Commissioner of Central Excise as the case may be, and has given them a reasonable opportunity of being heard. .