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Central Excise - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Extension of Period of Stay beyond 365 days – Entire object and ...


Finance Act Amendments in Section 35C Limit Stay Period to 365 Days to Prevent Delays in Tax Proceedings.

October 30, 2013

Case Laws     Central Excise     HC

Extension of Period of Stay beyond 365 days – Entire object and purpose of insertion of sub-section 2A in Section 35C by Section 140 of the Finance Act, 2002 (20 of 2002) w.e.f. 11.5.2002 and third Proviso by Finance Act, 2013 will stand defeated, if the waiver of pre-deposit is granted indefinitely - HC

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