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 →

Insertion of new section 151B-Reciprocal arrangement for exchange of information facilitating trade.

Clause 96 - Bills - INDIRECT TAXES - Customs - FINANCE BILL, 2018 - Clause 96 - 96. Insertion of new section 151B. In the Customs Act, after section 151A, the following section shall be inserted, namely:- Reciprocal arrangement for exchange of inform .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

trade, enforcing the provisions of this Act and exchange of information for trade facilitation, effective risk analysis, verification of compliance and prevention, combating and investigation of offences under the provisions of this Act or under the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

uch conditions, exceptions or qualifications as may be specified in that notification. (3) Subject to the provisions of sub-section (2), the information received under sub-section (1) may also be used as evidence in investigations and proceedings und .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

e, the conditions subject to which such exchange shall be made and designation of the person through whom such information shall be exchanged. (5) Notwithstanding anything contained in sub-section (1) or sub-section (2) or sub-section (3), anything d .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

, shall be deemed to have been done or taken under the provisions of this section. Explanation.-For the purposes of this section, the expressions,- (i) contracting State means any country outside India in respect of which agreement or arrangements ha .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

aling with offences in that country corresponding to any of the offences under this Act. . Clause 96 of the Bill seeks to introduce a new section 151B in the Customs Act relating to reciprocal arrangement for exchange of information so as to,- (a) au .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

nd investigation of offences under the provisions of this Act or under the corresponding laws in force in that country; (b) authorise the Central Government to provide by notification that the application of this section in relation to a contracting .....

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.