CESTAT - Enhanced Monetary Limits for Single Member Bench
CONSEQUENT to the amendment in Section 129C(4) of the Customs Act 1962, Section 35D(3) of the Central Excise Act 1944 and corresponding changes in provisions of the Finance Act 1994 by virtue of Section 86(7), the Single Member Jurisdiction stands enhanced to Rs. 50 Lacs.
Now, the CESTAT is in the process of segregation of files to identify the Single Member Bench cases in view of the enhanced monetary limit.
In order to expedite identification and transfer of cases, the Registry requests all the stakeholders to assist the registry by way of providing list of cases bound to be affected on account of the enhanced limit.
CESTAT Circular in F.No. 17/CESTAT/Amendments/2013-CR,Dated: May 30, 2013.