Section 66 of Finance Act 2018 : Amendment of section 28F Customs Act

CA Satbir Singh — Sun, 01 Apr 2018 05:52:16 +0000

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 the purposes of this Act and the said Authority”, the words “the Appellate Authority for deciding appeal under this Chapter and the said Appellate Authority” shall be substituted;
(b)		in the proviso, for the word “Authority”, the words “Appellate Authority” shall be substituted;

(ii)		after sub-section (2), the following sub-section shall be inserted, namely:—
		“(3) On and from the date of appointment of the Customs Authority for Advance Rulings, every application and proceeding pending before the erstwhile Authority for Advance Rulings shall stand transferred to the Authority from the stage at which such application or proceeding stood as on the date of such appointment.”.