Insertion of new section 31A
Section 105 of the Finance Act, 2025 deals with insertion of new section 31A. Insertion of new section 31A. 105. After section 31 of the Central Excise Act, the following section shall be inserted, namely:— "31A. The Act was enacted on 16 Aug 2025.
Insertion of new section 31A.
105. After section 31 of the Central Excise Act, the following section shall be inserted, namely:—
"31A. Interim Board for Settlement.—(1) The Central Government shall, by notification, constitute one or more Interim Boards for Settlement, as may be necessary, for the settlement of pending applications:
Provided that on and from the date of the constitution of the Interim Board, every pending application shall be dealt by it from the stage at which such pending application stood immediately before its constitution.
(2) Every Interim Board shall consist of three members, each being an officer of the rank of Chief Commissioner or above, as may be nominated by the Central Board of Indirect Taxes and Customs.
(3) If the Members of the Interim Board differ in opinion on any point, the point shall be decided according to the opinion of the majority.
(4) The Interim Board shall be assisted by such Central Excise Officers, to be nominated by the Central Board of Indirect Taxes and Customs.".
Section 105, The Finance Act, 2025 (Act 7 of 2025).
Cross-references
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Questions about Section 105
What does Section 105 of the Finance Act deal with?
Section 105 of the Finance Act is headed "Insertion of new section 31A". Insertion of new section 31A. 105. After section 31 of the Central Excise Act, the following section shall be inserted, namely:— "31A.
How do I find court cases under Section 105 of the Finance Act?
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 2025 105, section 105 Finance Act 2025, section 105 of the Finance Act. 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 105 of the Finance Act, and has it changed?
Its own text turns on Central Excise Act 31 (Definitions), so none of them can safely be read on its own.
When was Section 105 of the Finance Act enacted?
Section 105 of the Finance Act, cited as Finance Act 2025 105, was enacted on 16 Aug 2025 as Act 7 of 2025. It is in force as at the date shown on this page.
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