CHAPTER IV

INDIRECT TAXES

Excise

Amendment of section 5A.

139. In the Central Excise Act, 1944 (hereinafter referred to as the Central Excise Act), in section 5A,––

(i) for sub-section (5), the following sub-section shall be substituted, namely:––

“(5) Every notification issued under sub-section (1) or sub-section (2A) shall, unless otherwise provided, come into force on the date of its issue by the Central Government for publication in the Official Gazette.”;

(ii) sub-section (6) shall be omitted.

Amendment of section 11A.

140. In the Central Excise Act, in section 11A, for the words “one year”, wherever they occur, the words “two years” shall be substituted.

Amendment of section 37B.

141. In the Central Excise Act, in section 37B, for the words “such goods”, the words “such goods or for the implementation of any other provision of this Act” shall be substituted.

Amendment of Third Schedule.

142. In the Central Excise Act, the Third Schedule shall be amended––

(i) in the manner specified in the Fifth Schedule;

(ii) in the manner specified in the Sixth Schedule, with effect from the 1st day of January, 2017.

Amendment of First Schedule.

143. In the Central Excise Tariff Act, 1985 (hereinafter referred to as the Central Excise Tariff Act),

the First Schedule shall be amended––

(i) in the manner specified in the Seventh Schedule;

(ii) in the manner specified in the Eighth Schedule, with effect from the 1st day of January, 2017.

Amendment of Second Schedule.

144. In the Central Excise Tariff Act, the Second Schedule shall be amended in the manner specified in the Ninth Schedule, with effect from the 1st day of January, 2017.