Section 8 of The Central Boards of Revenue Act, 1963
- (1)The Central Board of Revenue Act, 1924 (4 of 1924), of is hereby repealed.
- (2)Nothing contained in sub-section (1) shall affect any appointment, assessment, order (including quasi-judicial order) or rule made, or exemption, approval or recognition granted, or any notice, notification, direction or instruction issued, or any duty levied, or penalty or fine imposed, or confiscation adjudged, or any form prescribed, or any other thing done or action taken by the Central Board of Revenue under any law and any such appointment, assessment, order, rule, exemption, approval, recognition, notice, notification, direction, instruction, duty, penalty, fine, confiscation, form, thing or action shall be deemed to have been made, granted, issued, levied, imposed, adjudged, prescribed, done or taken by the Central Board of Direct Taxes, or as the case may be, by 1[the Central Board of Indirect Taxes and Customs] and shall continue to be in force unless and until it is revised, withdrawn or superseded by the concerned Board.
Summary
- This section cancels and ends an older law called the Central Board of Revenue Act, 1924.
- Even though the old 1924 law is cancelled, all existing actions taken under it remain safe and valid.
- Appointments, tax decisions, rules, notices, and fines made under the old law are treated as if they were made by the new boards.
- These old actions will continue to be active unless the new Central Board of Direct Taxes or the new Central Board of Indirect Taxes and Customs changes or cancels them.
Practical examples
FAQ
1. What old law does this Act cancel?
It repeals, or cancels, the Central Board of Revenue Act, 1924.
2. What happens to a penalty or fine that was already imposed under the old 1924 law?
The fine is kept safe and is deemed to have been imposed by the new appropriate Board, so it remains active and enforceable.
3. Can a notice or rule made under the old law continue to be in force?
Yes, it continues to be in force unless and until it is revised, withdrawn, or superseded by the new concerned Board.
4. Does the cancellation of the old law affect approvals or exemptions granted by the old Board?
No, nothing in the repeal affects exemptions, approvals, or recognitions, they are all saved and treated as if the new Boards granted them.
Test yourself
Q1.Which specific law is repealed by Section 8 of this Act?
Q2.What happens to an appointment made under the repealed Central Board of Revenue Act, 1924?
Q3.Who has the power to revise, withdraw, or supersede things done under the repealed Act?
Q4.Which of the following is NOT protected and kept in force under Section 8(2)?
Q5.What is the status of a notice issued by the old Central Board of Revenue?