Amendment of notification issued under section 5A of Central Excise Act, retrospectively
Section 112 of the Finance Act, 2024 (No. 2) deals with amendment of notification issued under section 5A of Central Excise Act, retrospectively. Excise Amendment of notification issued under section 5A of Central Excise Act, retrospectively. The Act was enacted on 16 Aug 2024.
Excise
Amendment of notification issued under section 5A of Central Excise Act, retrospectively.
112. (1) Notwithstanding the supersession of the notification of the Government of India in the Ministry of Finance (Department of Revenue) number G.S.R 163 (E), dated the 17th March, 2012, issued under sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the said notification shall stand amended and shall be deemed to have been amended retrospectively, in the manner specified in column (2) of the Fifth Schedule, on and from the corresponding date specified in column (3) of that Schedule, against the said notification specified in column (1) of that Schedule.
(2) For the purposes of sub-section (1), the Central Government shall have and shall be deemed to have the power to amend the said notification with retrospective effect as if the Central Government had the power to amend the said notification under sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), retrospectively, at all material times.
Explanation.— For the removal of doubts, it is hereby declared that no act or omission on the part of any person shall be punishable as an offence which would not have been so punishable had this section not come into force.
Section 112, The Finance Act, 2024 (No. 2).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 112
What does Section 112 of the Finance Act, 2024 (No. 2) deal with?
Section 112 of the Finance Act, 2024 (No. 2) is headed "Amendment of notification issued under section 5A of Central Excise Act, retrospectively". Excise Amendment of notification issued under section 5A of Central Excise Act, retrospectively.
How do I find court cases under Section 112 of the Finance Act, 2024 (No. 2)?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act, 2024 (No. 2) 112, section 112 Finance Act, 2024 (No. 2), section 112 of the Finance Act, 2024 (No. 2). Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 112 of the Finance Act, 2024 (No. 2), and has it changed?
Its own text turns on Central Excise Act 5A (Power to grant exemption from duty of excise), so none of them can safely be read on its own. 7 other provisions in this corpus refer back to it.
When was Section 112 of the Finance Act, 2024 (No. 2) enacted?
Section 112 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 112, was enacted on 16 Aug 2024. It is in force as at the date shown on this page.
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