45. In section 75 of the Customs Act, in sub-section (1), in the second proviso, after the words “such drawback shall”, the words '', except under such circumstances or such conditions as the Central Government may, by rules, specify,” shall be inserted.
Notes on Clauses:
Clause 45 of the Bill seeks to amend section 75 of the Customs Act so as to empower the Central Government to provide for the circumstances or conditions under which the amount of drawback of customs duty shall not be recovered, even if the sale proceeds are not realised by the exporter.