{"act":{"id":"finance-act-2014","short_title":"The Finance Act, 2014","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2014-2015.","act_number":"25","act_year":2014,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":129,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2014/"},"unit":"section","section":{"number":"93","heading":"Amendment of section 8B","text":"Customs Tariff Amendment of section 8B 93. In the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), in section 8B, in sub-section (2A),— (a) | for the portion beginning with the words \"unless specifically made applicable\" and ending with the words \"in a special economic zone\", the following shall be substituted, namely:— \"shall not apply to articles imported by a hundred per cent export-oriented undertaking or a unit in a special economic zone unless,— (i) | specifically made applicable in such notifications or such impositions, as the case may be; or (ii) | the article imported is either cleared as such into the domestic tariff area or used in the manufacture of any goods that are cleared into the domestic tariff area and in such cases safeguard duty shall be levied on that portion of the article so cleared or so used as was leviable when it was imported into India.\"; (b) | in the Explanation, the words \"free trade zone\" shall be omitted. © Copyright. Taxmann Publications Pvt. Ltd.","html":"<p><i>Customs Tariff</i></p><p><b>Amendment of section 8B</b></p><p><b>93.</b> In the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), in section 8B, in sub-section (2A),—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>for the portion beginning with the words \"unless specifically made applicable\" and ending with the words \"in a special economic zone\", the following shall be substituted, namely:—</td></tr><tr><td></td><td></td><td>\"shall not apply to articles imported by a hundred per cent export-oriented undertaking or a unit in a special economic zone unless,—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>specifically made applicable in such notifications or such impositions, as the case may be; or</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>the article imported is either cleared as such into the domestic tariff area or used in the manufacture of any goods that are cleared into the domestic tariff area and in such cases safeguard duty shall be levied on that portion of the article so cleared or so used as was leviable when it was imported into India.\";</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>b</i>)</td><td></td><td>in the <i>Explanation, </i>the words \"free trade zone\" shall be omitted.</td></tr></table></div><p>© Copyright. Taxmann Publications Pvt. Ltd.</p>","words":177,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2014/section/93/","note":null,"source_note":"Harvested from the Income Tax Department's own portal at incometaxindia.gov.in, which publishes the Finance Acts section by section. India Code carries none of them: its Central community holds the Acts that stand as general law, and a Finance Act is an amending and rate-fixing instrument.","judgments_note":"Judgment holdings are the ratio decidendi as extracted from the order by eCourts India, reproduced unaltered. Reported judgments only.","licence":"Published with commentary and other original matter under s.52(1)(q)(ii), Copyright Act 1957."}