Amendment in Settlement Commission provisions (Effective From the date when President of India gives assent to Finance Bill)
  • Hitherto, filing of application for settlement before Settlement commission may be allowed in cases where applicant has not filed returns after recording the reason for the same.

  • Concealment of particulars of duty liability has been considered as one of the ground for restriction of subsequent application before settlement Commission. It has been proposed to clarify that such concealment of facts should have been made from Officer of Central Excise and not Settlement Commission

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