Web[14TH JUNE 1962] PRELIMINARY 1. This Act may be cited as the Port Authority Act. 2. (1) In this Act— ... Authority for the purpose of carrying out its functions under this Act shall be free of all Customs duty whatsoever. (2)Notwithstanding anything contained in the Income ... repealed by section 76 of this Act. (3) The President shall not ... WebCustoms Act 1962. Scope of Section 124 Section 124 of the Act deals with the confiscation and imposition of the penalty. The provisions relating to the seizure of the goods and those relating to the confiscation of the goods or imposition of penalty stand on different footing. Section 124 of the act does
No evidence to prove Delay in receiving Review order, Order u/s …
Web(3) A bond executed under this section by an importer in respect of any goods shall continue in force notwithstanding the transfer of the goods to any other person or the … Web30 Mar 2024 · Section 3: Classes of officers of customs: Section 4: Appointment of officers of customs: Section 5: Powers of officers of customs: Section 6: Entrustment of … ewing investments llc
CBIC issues clarification on the legislative changes in Section 46 …
Web3 Apr 2024 · As per section 25(4A) of the Customs Act, 1962 (Customs Act), all the conditional exemptions granted by way of notifications under Section 25(1) shall be valid up to 31 March falling immediately after two years from the date of issuance or variation of such notification. W.e.f. 1 April 2024, the above validity period of two years shall not ... Weba. any duty of customs, including cesses and surcharges levied as duties of customs; b. integrated tax; c. Goods and Service Tax Compensation Cess; d. interest, penalty, fees or any other amount payable under the Act, or Customs Tariff Act, 1975. 3.2 In second phase, from 01.05.2024, the exemptions cited above would continue, WebSection 143 in the Customs Act, 1962. 143. Power to allow import or export on execution of bonds in certain cases.— Where this Act or any other law requires anything to be done … ewing insurance gastonia