Amendment of section 129A
80. In the Customs Act, in section 129A,—
(i) in sub-section (1), in the second proviso, for the words “fifty thousand rupees”, the words “two lakh rupees” shall be substituted;
(ii) in sub-section (1B), in clause (i), for the words “by notification in the Official Gazette”, the words “by order” shall be substituted.
Notes on Clauses:
Clause 80 of the Bill seeks to substitute the words “rupees fifty thousand” with the words “rupees two lakhs” in the second proviso to sub-section (1) of section 129A of the Customs Act so as to enable the discretionary powers of the Tribunal to refuse admission of appeal in cases up to rupees two lakhs. It also seeks to enable the Board to constitute a committee by issuing an order instead of a notification to be published in the Official Gazette.
