Amendment of section 32-I
Section 114 of the Finance Act, 2025 deals with amendment of section 32-I. Amendment of section 32-I. 114. In section 32-I of the Central Excise Act, after sub-section (4), the following sub-section shall be inserted, namely:— "(5) On and from the 1st day of April, 2025, the powers and functions of the Settlement Commission under this section shall be exercised or performe The Act was enacted on 16 Aug 2025.
Amendment of section 32-I.
114. In section 32-I of the Central Excise Act, after sub-section (4), the following sub-section shall be inserted, namely:—
"(5) On and from the 1st day of April, 2025, the powers and functions of the Settlement Commission under this section shall be exercised or performed by the Interim Board and the provisions of this section shall mutatis mutandis apply to the Interim Board as they apply to the Settlement Commission.".
Section 114, The Finance Act, 2025 (Act 7 of 2025).
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Questions about Section 114
What does Section 114 of the Finance Act deal with?
Section 114 of the Finance Act is headed "Amendment of section 32-I". Amendment of section 32-I. 114. In section 32-I of the Central Excise Act, after sub-section (4), the following sub-section shall be inserted, namely:— "(5) On and from the 1st day of April, 2025, the powers and functions of the Settlement Commission under this section shall be exercised or performe
How do I find court cases under Section 114 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 114, section 114 Finance Act 2025, section 114 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 114 of the Finance Act, and has it changed?
Its own text turns on section 32 (Amendment of section 115VK), so none of them can safely be read on its own.
When was Section 114 of the Finance Act enacted?
Section 114 of the Finance Act, cited as Finance Act 2025 114, 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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