Amendment of section 72
132. In the Customs Act, in section 72,––
(a) in sub-section (1),-
(i) clause (c) shall be omitted;
(ii) in clause (d), for the word “exportation”, the words “export or” shall be substituted;
(iii) in the long line, for the words “all penalties, rent, interest and other charges”, the words “interest, fine and penalties” shall be substituted;
(b) in sub-section (2), for the word “select”, the words “deem fit” shall be substituted.
Notes on Clauses:
Clause 132 of the Bill seeks to amend sub-section (1) of section 72 of the Customs Act so as to –
(i) omit clause (c);
(ii) substitute the word “exportation” with the word “export”;
(iii) substitute certain words in the long line.
It also seeks to amend sub-section (2) thereof to substitute the word “select” with the words “deem fit”.
