Section 138 - Amendment of Act 32 of 1994 - Finance Act, 1999

138. Amendment of Act 32 of 1994 In the Finance Act, 1994,- (a) in section 71, in sub-section (1), after the words and figures under section 70 , the words after obtaining a written permission from the Commissioner of Central Excise, shall be inserted; (b) in section 73, the following Explanation shall be inserted at the end, namely:- Explanation.-Where the service of the notice is stayed by an order of a court, the period of such stay shall be excluded in computing the aforesaid, period of five years or six months, as the case may be. ; (c) in section 77, for the words pay, by way of penalty, a sum which shall not be less than one hundred rupees but which may extend to two hundred rupees for every week or part thereof during which such failure continues , the words be liable to a penalty which may extend to an amount not exceeding two thousand rupees shall be substituted.