6. Period for which order of provisional attachment of property remains in force

(1) Every such provisional attachment shall cease to have effect after the expiry of a period of six months from the date of the service of the order passed under sub-rule (3) of rule 3.

Providedthat the Chief Commissioner of Central Excise may, for reasons to be recorded in writing, extend the aforesaid period by such further period as he thinks fit, provides that the total period of extension shall not in any case exceed two years.

(2) Notwithstanding anything contained in sub-rule (1), every such provisional attachment shall cease to have effect when the said person pays the pending revenue alongwith interest thereon. 
Services

Our Services

Assurance

Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accor

READ MORE

Taxation

Enhancing a stakeholder value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bot

READ MORE

Advisory

Managing Risk to enhance performance to truly manage risk, it is vital to enable the right frameworks. We help enhance your business perfo

READ MORE
CONSULTATION

ASK A QUERY