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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2023 Chapters List Customs Tariff This

Clause 125 - Amendment of sections 9, 9A and 9C. - FINANCE BILL, 2023

FINANCE BILL, 2023
Customs Tariff
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Customs tariff

Amendment of sections 9, 9A and 9C.

125. In the Customs Tariff Act, 1975 (51 of 1975), (hereinafter referred to as the Customs Tariff Act), with effect from the 1st day of January, 1995,––

(i) in section 9,––

(a) in sub-section (6), in the first proviso, for the words “in a review”, the words “on consideration of a review” shall be substituted;

(b) in sub-section (7), the words “and determined” shall be omitted;

(ii) in section 9A,––

(a) in sub-section (5), in the first proviso, for the words “in a review”, the words “on consideration of a review” shall be substituted;

(b) in sub-section (6), the words “and determined” shall be omitted;

(iii) in section 9C,––

(a) in sub-section (1), the words “order of” shall be omitted;

(b) in sub-section (2), for the word “order”, the words “determination or review” shall be substituted;

(c) in sub-section (3), for the word “order”, the words “determination or review” shall be substituted;

(d) after sub-section (5), the following Explanation shall be inserted, namely:––

‘Explanation.––For the purposes of this section, “determination” or “review” means the determination or review done in such manner as may be specified in the rules made under sections 8B, 9, 9A and 9B.’.

 



 

Notes on Clauses:

Customs Tariff

Clause 125 of the Bill seeks to amend sections 9, 9A and 9C of the Customs Tariff Act so as to omit certain words therein and to clarify that the determination or review of safeguard duty or of countervailing duty or of anti-dumping duty are to be done by an authority in such manner as may be specified in the rules made under sections 8B, 9, 9A and 9B of the said Act.

 
 
 
 

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