Amendment of section 47

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... payment of said duty or any charges in such manner as may be provided by rules. ; (b) in sub-section (2), for the portion beginning with the words Where the importer and ending with the words payment of the said duty , the following shall be substituted, namely: Where the importer fails to pay the import duty, either in full or in part, within two days (excluding holidays) (a) fr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... seeks to amend sub-section (2) of the said section to empower the Central Government to fix the rate of interest not below ten per cent. and not exceeding thirty-six per cent. per annum where importer fails to pay import duty either in full or in part within two days from the date specified therein. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X