Section 174 – Repeal and saving of CGST ACT, 2017<\/p>\n
174. (1) Save as otherwise provided in this Act, on and from the date of commencement
\nof this Act, the Central Excise Act, 1944 (except as respects goods included in entry 84 of
\nthe Union List of the Seventh Schedule to the Constitution), the Medicinal and Toilet
\nPreparations (Excise Duties) Act, 1955, the Additional Duties of Excise (Goods of Special
\nImportance) Act, 1957, the Additional Duties of Excise (Textiles and Textile Articles)
\nAct, 1978, and the Central Excise Tariff Act, 1985 (hereafter referred to as the repealed Acts)
\nare hereby repealed.
\n(2) The repeal of the said Acts and the amendment of the Finance Act, 1994 (hereafter referred to as \u201csuch amendment\u201d or \u201camended Act\u201d, as the case may be) to the extent
\nmentioned in the sub-section (1) or section 173 shall not\u2014
\n(a) revive anything not in force or existing at the time of such amendment or
\nrepeal; or
\n(b) affect the previous operation of the amended Act or repealed Acts and orders
\nor anything duly done or suffered thereunder; or
\n(c) affect any right, privilege, obligation, or liability acquired, accrued or incurred
\nunder the amended Act or repealed Acts or orders under such repealed or amended
\nActs:<\/p>\n
Provided that any tax exemption granted as an incentive against investment
\nthrough a notification shall not continue as privilege if the said notification is rescinded
\non or after the appointed day; or
\n(d) affect any duty, tax, surcharge, fine, penalty, interest as are due or may
\nbecome due or any forfeiture or punishment incurred or inflicted in respect of any
\noffence or violation committed against the provisions of the amended Act or repealed
\nActs; or
\n(e) affect any investigation, inquiry, verification (including scrutiny and audit),
\nassessment proceedings, adjudication and any other legal proceedings or recovery of
\narrears or remedy in respect of any such duty, tax, surcharge, penalty, fine, interest,
\nright, privilege, obligation, liability, forfeiture or punishment, as aforesaid, and any
\nsuch investigation, inquiry, verification (including scrutiny and audit), assessment
\nproceedings, adjudication and other legal proceedings or recovery of arrears or remedy
\nmay be instituted, continued or enforced, and any such tax, surcharge, penalty, fine,
\ninterest, forfeiture or punishment may be levied or imposed as if these Acts had not
\nbeen so amended or repealed;
\n(f) affect any proceedings including that relating to an appeal, review or reference,
\ninstituted before on, or after the appointed day under the said amended Act or repealed
\nActs and such proceedings shall be continued under the said amended Act or repealed
\nActs as if this Act had not come into force and the said Acts had not been amended or
\nrepealed.
\n(3) The mention of the particular matters referred to in sub-sections (1) and (2) shall
\nnot be held to prejudice or affect the general application of section 6 of the General Clauses. Act, 1897 with regard to the effect of repeal.<\/p>\n","protected":false},"excerpt":{"rendered":"
Section 174 – Repeal and saving of CGST ACT, 2017 174. (1) Save as otherwise provided in this Act, on and from the date of commencement of this Act, the Central Excise Act, 1944 (except as respects goods included in entry 84 of the Union List of the Seventh Schedule to the Constitution), the Medicinal … Continue reading “Section 174 – Repeal and saving of CGST ACT, 2017”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"_links":{"self":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/481"}],"collection":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/comments?post=481"}],"version-history":[{"count":1,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/481\/revisions"}],"predecessor-version":[{"id":482,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/posts\/481\/revisions\/482"}],"wp:attachment":[{"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/media?parent=481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/categories?post=481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/khannaandassociates.com\/blog\/wp-json\/wp\/v2\/tags?post=481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}