Section 72 of Finance Act 2018 [Section 72 of Finance Act 2018 deals with Substitution of new section for section 28M and is covered in CHAPTER IV INDIRECT TAXES] Substitution of new section for section 28M 72. In the Customs Act, for section 28M, the following section shall be substituted, namely:— “28M. Procedure for Authority and Appellate Authority.—(1) The… Read More »
Section 71 of Finance Act 2018 [Section 71 of Finance Act 2018 deals with Amendment of section 28L and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28L 71. In the Customs Act, in section 28L, for the word “Authority” wherever it occurs, the words “Authority or Appellate Authority” shall be substituted. Finance Act 2018 :… Read More »
Section 70 of Finance Act 2018 [Section 70 of Finance Act 2018 deals with Insertion of new section 28KA and is covered in CHAPTER IV INDIRECT TAXES] Insertion of new section 28KA 70 . In the Customs Act, after section 28K, the following section shall be inserted with effect from such date as the Central Government may, by… Read More »
Section 69 of Finance Act 2018 [Section 69 of Finance Act 2018 deals with Amendment of section 28K and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28K 69. In the Customs Act, in section 28K, in sub-section (1),— (i) the brackets and words “(after excluding the period beginning with the date of such advance ruling… Read More »
Section 68 of Finance Act 2018 [Section 68 of Finance Act 2018 deals with Amendment of section 28-I and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28-I 68. In the Customs Act, in section 28-I, in sub-section (6), for the words “six months”, the words “three months” shall be substituted. Finance Act 2018 : Assented… Read More »
Section 67 of Finance Act 2018 [Section 67 of Finance Act 2018 deals with Amendment of section 28H and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28H 67 . In the Customs Act, in section 28H,— (i) in sub-section (2),— (a) for clause (d), the following clause shall be substituted, namely:— “(d) applicability of notifications… Read More »
Section 66 of Finance Act 2018 [Section 66 of Finance Act 2018 deals with Amendment of section 28F and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28F 66 . In the Customs Act, in section 28F,— (i) in sub-section (1),— (a) in the opening paragraph, for the words “the Authority for giving advance rulings for… Read More »
Section 65 of Finance Act 2018 [Section 65 of Finance Act 2018 deals with Insertion of new section 28EA and is covered in CHAPTER IV INDIRECT TAXES] Insertion of new section 28EA 65 . In the Customs Act, after section 28E, the following section shall be inserted, namely:— ”28EA. Customs Authority for Advance Rulings.—(1) The Board may, for the… Read More »
Section 64 of Finance Act 2018 [Section 64 of Finance Act 2018 deals with Amendment of section 28E and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28E 64 . In the Customs Act, in section 28E,— (i) clause (a) shall be omitted; (ii) for clause (b), the following clause shall be substituted, namely:— ‘(b) “advance… Read More »
Section 63 of Finance Act 2018 [Section 63 of Finance Act 2018 deals with Amendment of section 28 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 28 63 . In the Customs Act, in section 28,— (i) in sub-section (1), in clause (a), the following proviso shall be inserted, namely:— “Provided that before issuing notice, the… Read More »