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Finance Act 2007 Section 131 - Bare Act

StateCentral Government
Year
Section TitleAmendment of Section 35f
Act Info:

In section 35F of the Central Excise Act, after the second proviso, the following Explanation shall be inserted, namely:--

'Explanation.--For the purposes of this section "duty demanded" shall include,--

(i) amount determined under section 11D;

(ii) amount of erroneous CENVAT credit taken;

(iii) amount payable under rule 57CC of Central Excise Rules, 1944;

(iv) amount payable under rule 6 of CENVAT Credit Rules, 2001 or CENVAT Credit Rules, 2002 or CENVAT Credit Rules, 2004;

(v) interest payable under the provisions of this Act or the rules made thereunder.'.




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