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 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 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 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 »