Seeks to notify “the resident public limited company” as a class of persons under the sub-clause (iii) of clause (c) of section 23A of Central Excise Act, 1944.
Notification No. 4/2013-Central Excise (N.T.)
New Delhi, the 1st March, 2013
G.S.R. (E).— In exercise of the powers conferred by sub-clause (iii) of clause (c) of section 23A of the Central Excise Act, 1944 (1 of 1944), the Central Government hereby specifies “the resident public limited company” as class of persons for the purposes of the said clause.Online GST Certification Course by TaxGuru & MSME- Click here to Join
Explanation. – For the purposes of this notification,-
(a) “public limited company” shall have the same meaning as is assigned to “public company” in clause (iv) of sub-section (1) of section 3 of the Companies Act, 1956 (1 of 1956) and shall include a private company that becomes a public company by virtue of section 43A of the said Act;
(b) “resident” shall have the same meaning as is assigned to it in clause (42) of section 2 of the Income-tax Act, 1961 (43 of 1961) in so far as it applies to a company.
[F No.334/3/2013 -TRU]
Under Secretary to the Government of India