Section 3Amendments of Act I of 1944

s. 3

3. Amendments of Act I of 1944 The following amendments shall be made in the Central Excise and Salt Act, 1944 (I of 1944), namely:- (1) in section 2, in clause (h) the word “valuable” shall be omitted; (2) in section 3,- (a) in sub-section (5),- (i) for the words “Review Board” twice occurring the words “Standing Tribunal” shall be substituted; and (ii) in the proviso, for the words and semi-colon “special committee constituted for the purpose; and the decision of the special Committee” the words, brackets, figure and semi-colon “Standing Tribunal constituted under sub-section (6); and the decision of the Standing Tribunal” shall be substituted; and (b) for sub-section (6) the following shall be substituted, namely:- “(6) The Government shall, for the purpose of sub-section (5), constitute a Standing Tribunal consisting of not less than two persons each of whom may be either an officer not below the rank of a Joint Secretary to the said Government or a person who held such rank at the time of his retirement from service.”; (3) in section II, after the words “factory” twice occurring the words “or bonded-warehouse” shall be inserted; (4) in section 33,- (a) after the word “Act” the words “in case” shall be inserted; (b) for the words “confiscation or penalty” the word “case” shall be substituted; and (c) for clauses (b) and (c) and the proviso the following shall be substituted, namely:- “(b) subject to such limitations and conditions as may be determined by the Central Board of Revenue from time to time, by a Deputy Collector, Assistant Collector or Superintendent of Central Excise”. (5) in section 38, for the colon a full-stop shall be substituted and the proviso shall be omitted; and (6) the First Schedule shall be amended in the manner specified in the Second schedule to this Order.