Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
 
Extracts
Home List
← Previous Next →

Amendment of section 47

Clause 118 - Bills - INDIRECT TAXES Customs - FINANCE BILL, 2016 - Clause 118 - 118. In the Customs Act, in section 47,- (a) in sub-section (1), the following proviso shall be inserted, namely:- Provided that the Central Government may, by notificati .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nding 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) from the date on which the bill of entr .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

the date of its payment, at such rate, not below ten per cent. and not exceeding thirty-six per cent. per annum, as may be fixed by the Central Government, by notification in the Official Gazette. . Clause 118 of the Bill seeks to insert a proviso in .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.