Amendment of section 47.
118. In section 47 of the Customs Act, in sub-section (2),––
(a) in the first proviso, for the words "Provided that", the following shall be substituted, namely:—
"Provided that the Central Government may, by notification in the Official Gazette, specify the class or classes of importers who shall pay such duty electronically:
Provided further that";
(b) in the second proviso, for the words "Provided further that", the words "Provided also that" shall be substituted.
Notes on Clauses:
Clause 118 of the Bill seeks to amend sub-section (2) of section 47 of the Customs Act so as to insert a new proviso therein to provide that the Central Government may, by notification in the Official Gazette, specify the class or classes of importers who shall pay the duty electronically.
This amendment will take effect from the date on which this Bill receives the assent of the President.