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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE (No. 2) BILL, 2019 Chapters List Customs This

Clause 77 - Amendment of section 125. - FINANCE (No. 2) BILL, 2019

FINANCE (No. 2) BILL, 2019
Customs
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Amendment of section 125.

77. In section 125 of the Customs Act, in sub-section (1), in the first proviso, for the words “the provisions of this section shall not apply”, the words “no such fine shall be imposed” shall be substituted.

 



 

Notes on Clauses:

Clause 77 of the Bill seeks to amend first proviso to section 125 of the Customs Act so as to provide that the no fine in lieu of confiscation shall be imposed in respect of cases of deemed closure under section 28.

 
 
 
 

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