Section 96 - Amendment of section 127A. - Finance Act, 2025

Amendment of section 127A. 96. In section 127A of the Customs Act, (i) after clause (d), the following clause shall be inserted, namely: (da) Interim Board means the Interim Board for Settlement constituted under section 31A of the Central Excise Act, 1944 (1 of 1944.); ; (ii) after clause (e), the following clause shall be inserted, namely: (ea) pending application means an application filed under section 127B before the 1st day of April, 2025 and fulfils the following conditions, namely: (i) it has been allowed under section 127C; and (ii) no order under sub-section (5) of section 127C was issued on or before the 31st day of March, 2025 with respect to such application; .