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TypeBare Act JurisdictionCentral Government

Finance Act, 1999 Section 131

AMENDMENT OF SECTION 37 In Section 37 of the Central Excise Act, in subsection

~1 min read
https://sooperkanoon.com/act/249924

Bare act section · Research

About this section

Finance Act, 1999 Section 131 is part of Finance Act, 1999 - AMENDMENT OF SECTION 37 In Section 37 of the Central Excise Act, in subsection. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

2),-

(a) after clause (i-b), the following clause shall be inserted, namely :- "(i-bb) provide for charging or payment of interest on the differential amount of duty which becomes payable or refundable upon finalisation of all or any class of provisional assessments;";

(b) after sub-clause (xxvii), the following sub-clause shall be inserted and shall be deemed to have been inserted with effect from the 16th day of March, 1995, namely:- "(xxviii) provide for the lapsing of credit of duty lying unutilised with the manufacturer of specified excisable goods on an appointed date and also for not allowing such credit to be utilised for payment of any kind of duty on any excisable goods on and from such date.".

Frequently asked questions

What does Finance Act, 1999 Section 131 provide?

Section Section 131 of the Finance Act, 1999 (AMENDMENT OF SECTION 37 In Section 37 of the Central Excise Act, in subsection) is reproduced on this page as part of the Finance Act, 1999. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 1999 Section 131?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 1999 Section 131. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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