Amendment of Section II A of the Central Excise Act, 1944- effect on time barred demands- reg.

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..... the Finance Act, 2000. By the clause (97 (b), time limit to serve notice on persons in clause where duty of excise has not been levied or paid or has been short levied or short paid or erroneously refunded has been increased from 6 months to 1 year. finance Act, 2000 has come into force w.e.f. 12-5-2000. In this regard the following two questions have been raised by field formations:- (1) Where t .....

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..... 5-2000, the provision of amended section can not be invoked for issuing show-cause notice for recovering duty short levied / not levied. (2) Where the said show-cause notice period of six months for recovery expires on or after 12-5-2000 i.e. the date of coming into force of the Finance Act, 2000, the Department can issue show-cause notices upto a period of 1 year from the relevant date. This ma .....

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