Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2012 Chapters List Chapter IV - Part 1 Indirect Taxes - Customs This

Clause 123 - Substitution of new section for section 138. - FINANCE BILL, 2012

FINANCE BILL, 2012
Chapter IV - Part 1
Indirect Taxes - Customs
  • Contents

Substitution of new section for section 138.

     123. For section 138 of the Customs Act, the following section shall be substituted, namely:––

Offences to be tried summarily.

     "138. Notwithstanding anything contained in the Code of Criminal Procedure, 1973, (2 of 1974) an offence under this Chapter (other than the offence punishable for a term of imprisonment of three years or more under section 135) may be tried summarily by a Magistrate.".

 



 

Notes on Clauses:

Clause 123 of the Bill seeks to substitute a new section for section 138 of the Customs Act to provide that notwithstanding anything contained in the Code of Criminal Procedure, 1973, an offence under this Chapter (other than the offence punishable for a term of imprisonment of three years or more under section 135) may be tried summarily by a Magistrate.

This amendment will take effect from the date on which this Bill receives the assent of the President.

 
 
 
 

Quick Updates:Latest Updates