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 62 of Finance Act 2018 [Section 62 of Finance Act 2018 deals with Insertion of new sections 25A and 25B and is covered in CHAPTER IV INDIRECT TAXES] Insertion of new sections 25A and 25B 62 . In the Customs Act, after section 25, the following sections shall be inserted, namely:— “25A. Inward processing of goods.—Where the Central… 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 »
Section 61 of Finance Act 2018 [Section 61 of Finance Act 2018 deals with Amendment of section 18 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 18 61. In the Customs Act, in section 18,— (i) in sub-section (1), in the opening portion, after the word and figures “section 46”, the words and figures “and… Read More »
Section 60 of Finance Act 2018 [Section 60 of Finance Act 2018 deals with Amendment of section 17 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 17 60. In the Customs Act, in section 17,— (i) in sub-section (2),— (a) for the words “the self-assessment of such goods”, the words, figures and brackets “the entries… Read More »
Section 59 of Finance Act 2018 [Section 59 of Finance Act 2018 deals with Amendment of section 11 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 11 59. In the Customs Act, in section 11, after sub-section (2), the following sub-section shall be inserted with effect from such date as the Central Government may, by… Read More »
Section 58 of Finance Act 2018 [Section 58 of Finance Act 2018 deals with Amendment of section 2 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 2 58. In the Customs Act, in section 2,— (i) for clause (2), the following clause shall be substituted, namely:— ‘(2) “assessment” means determination of the dutiability of any… Read More »
Section 57 of Finance Act 2018 [Section 57 of Finance Act 2018 deals with Amendment of section 1 and is covered in CHAPTER IV INDIRECT TAXES] Amendment of section 1 57. In the Customs Act, in section 1, in sub-section (2), after the word “India”, the words “and, save as otherwise provided in this Act, it applies also… Read More »