Clause 116 - Amendment of section 25 - FINANCE BILL, 2016

Amendment of section 25

116. In the Customs Act, in section 25,––

(i) for sub-section (4), the following sub-section shall be substituted, namely:––

“(4) Every notification issued under sub-section (1) or sub-section (2A) shall, unless otherwise provided, come into force on the date of its issue by the Central Government for publication in the Official Gazette.”;

(ii) sub-section (5) shall be omitted.

 

---

---

 

Notes on Clauses:

Clause 116 of the Bill seeks to amend section 25 of the Customs Act, so as to substitute sub-section (4) thereof to provide that every notification issued under sub-section (1) or sub-section (2A) shall, unless otherwise provided, come into force on the date of its issue by the Central Government for publication in the Official Gazette.

It is further proposed to omit sub-section (5) thereof.