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Home Acts & Rules Bill Bills FINANCE BILL, 2017 Chapters List Customs This
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Clause 105 - Amendment of section 127B. - FINANCE BILL, 2017

FINANCE BILL, 2017
Customs
  • Contents

Amendment of section 127B.

105. In the Customs Act, in section 127B, after sub-section (4), the following sub-section shall be inserted, namely:––

“(5) Any person, other than an applicant referred to in sub-section (1), may also make an application to the Settlement Commission in respect of a show cause notice issued to him in a case relating to the applicant which has been settled or is pending before the Settlement Commission and such notice is pending before an adjudicating authority, in such manner and subject to such conditions, as may be specified by rules.’’.

 



 

Notes on Clauses:

Clause 105 of the Bill seeks to amend section 127B of the Customs Act so as to insert a new sub-section (5) therein to enable any person, other than applicant referred to in subsection (1), to make an application to the Settlement Commission.

 
 
 
 
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