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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2013 Chapters List Chapter IV - Part I INDIRECT TAXES - Customs This

Clause 62 - Amendment of section 47 - FINANCE BILL, 2013

FINANCE BILL, 2013
Chapter IV - Part I
INDIRECT TAXES - Customs
  • Contents

Amendment of section 47

     62. In section 47 of the Customs Act, in sub-section (2), for the words five days, the words two daysshall be substituted.

 



 

Notes on Clauses:

Clause 62 seeks to amend sub-section (2) of section 47 to reduce the interest free period for payment of customs duty from five days to two days.

 
 
 
 

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