{"act":{"id":"finance-act-2015","short_title":"The Finance Act, 2015","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2015-2016.","act_number":"20","act_year":2015,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":165,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2015/"},"unit":"section","section":{"number":"93","heading":"Amendment of section 11A","text":"Amendment of section 11A 93. In the Central Excise Act , in section 11A,— (i) | sub-sections (5), (6) and (7) shall be omitted; (ii) | in sub-sections (7A), (8) and clause (b) of sub-section (11 ), the words, brackets and figure \"or sub-section (5)\", wherever they occur, shall be omitted; (iii) | in Explanation 1,– (A) | in clause (b), in sub-clause (ii), the words \"on due date\" shall be omitted; (B) | after sub-clause (v), the following sub-clause shall be inserted, namely :— \"(vi) | in the case where only interest is to be recovered, the date of payment of duty to which such interest relates.\"; (C) | clause (c) shall be omitted; (iv) | after sub-section (15), the following sub-section shall be inserted, namely :— \"(16) | The provisions of this section shall not apply to a case where the liability of duty not paid or short-paid is self-assessed and declared as duty payable by the assessee in the periodic returns filed by him, and in such case, recovery of non-payment or short-payment of duty shall be made in such manner as may be prescribed.\". (v) | for Explanation 2, the following Explanation shall be substituted, namely :— \"Explanation 2.— For the removal of doubts, it is hereby declared that any non-levy, short-levy, non-payment, short-payment or erroneous refund where no show cause notice has been issued before the date on which the Finance Bill, 2015 receives the assent of the President, shall be governed by the provisions of section 11A as amended by the Finance Act, 2015.\";","html":"<p><b> Amendment of section 11A </b></p><p><b> 93.</b> In the Central Excise Act , in section 11A,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>sub-sections (<i>5</i>), (<i>6</i>) and (<i>7</i>) shall be omitted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in sub-sections (<i>7A</i>), (<i>8</i>) and clause (<i>b</i>) of sub-section (<i>11</i> ), the words, brackets and figure \"or sub-section (<i>5</i>)\", wherever they occur, shall be omitted;</td></tr><tr><td>(<i>iii</i>)</td><td></td><td>in <i>Explanation</i> 1,–</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>A</i>)</td><td></td><td>in clause (<i>b</i>), in sub-clause (<i>ii</i>), the words \"on due date\" shall be omitted;</td></tr><tr><td>(<i>B</i>)</td><td></td><td>after sub-clause (<i>v</i>), the following sub-clause shall be inserted, namely :—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>\"(<i>vi</i>)</td><td></td><td>in the case where only interest is to be recovered, the date of payment of duty to which such interest relates.\";</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>C</i>)</td><td></td><td>clause (<i>c</i>) shall be omitted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>iv</i>)</td><td></td><td>after sub-section (<i>15</i>), the following sub-section shall be inserted, namely :—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>\"(<i>16</i>)</td><td></td><td>The provisions of this section shall not apply to a case where the liability of duty not paid or short-paid is self-assessed and declared as duty payable by the assessee in the periodic returns filed by him, and in such case, recovery of non-payment or short-payment of duty shall be made in such manner as may be prescribed.\".</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>v</i>)</td><td></td><td>for <i>Explanation</i> 2, the following <i>Explanation</i> shall be substituted, namely :—</td></tr><tr><td></td><td></td><td>\"<i>Explanation</i> 2.— For the removal of doubts, it is hereby declared that any non-levy, short-levy, non-payment, short-payment or erroneous refund where no show cause notice has been issued before the date on which the Finance Bill, 2015 receives the assent of the President, shall be governed by the provisions of section 11A as amended by the Finance Act, 2015.\";</td></tr></table></div>","words":260,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2015/section/93/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}