{"act":{"id":"finance-act-2016","short_title":"The Finance Act, 2016","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2016-2017.","act_number":null,"act_year":2016,"enact_date":"2016-06-27","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":276,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2016/"},"unit":"section","section":{"number":"120","heading":"Amendment of section 28","text":"Amendment of section 28 120 . In the Customs Act, in section 28,— (a) | in the marginal heading, for the words \"duties not levied or short-levied\", the words \"duties not levied or not paid or short-levied or short-paid\" shall be substituted; (b) | in sub-section (1),— (i) | in the opening paragraph, for the words \"duty has not been levied or has been short-levied\", the words \"duty has not been levied or not paid or has been short-levied or short- paid\" shall be substituted; (ii) | in clause (a),— (A) | for the words \"one year\", the words \"two years\" shall be substituted; (B) | after the words \"so levied\", the words \"or paid\" shall be inserted; (c) | in sub-section (3), for the words \"one year\", the words \"two years\" shall be substituted; (d) | in sub-section (4),— (i) | in the opening paragraph, for the words \"levied or has been short-levied\", the words \"levied or not paid or has been short-levied or short-paid\" shall be substituted; (ii) | in the long line, for the words \"so levied\", the words \"so levied or not paid\" shall be substituted; (e) | in sub-section (5), for the words \"duty has not been levied or has been short-levied\", the words \"duty has not been levied or not paid or has been short-levied or short-paid\" shall be substituted; (f) | in sub-section (6), in item (ii), for the words \"one year\", the words \"two years\" shall be substituted; (g) | in sub-section (7), for the words \"one year\", the words \"two years\" shall be substituted; (h) | in Explanation 1, in clause (a), for the words \"not levied\", the words \"not levied or not paid or short-levied or short-paid\" shall be substituted.","html":"<p><b>Amendment of section 28 </b></p><p><b>120 </b>. In the Customs Act, in section 28,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in the marginal heading, for the words \"duties not levied or short-levied\", the words \"duties not levied or not paid or short-levied or short-paid\" shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (1),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in the opening paragraph, for the words \"duty has not been levied or has been short-levied\", the words \"duty has not been levied or not paid or has been short-levied or short- paid\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>a</i>),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>A</i>)</td><td></td><td>for the words \"one year\", the words \"two years\" shall be substituted;</td></tr><tr><td>(<i>B</i>)</td><td></td><td>after the words \"so levied\", the words \"or paid\" shall be inserted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>c</i>)</td><td></td><td>in sub-section (3), for the words \"one year\", the words \"two years\" shall be substituted;</td></tr><tr><td>(<i>d</i>)</td><td></td><td>in sub-section (4),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in the opening paragraph, for the words \"levied or has been short-levied\", the words \"levied or not paid or has been short-levied or short-paid\" shall be substituted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in the long line, for the words \"so levied\", the words \"so levied or not paid\" shall be substituted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>e</i>)</td><td></td><td>in sub-section (5), for the words \"duty has not been levied or has been short-levied\", the words \"duty has not been levied or not paid or has been short-levied or short-paid\" shall be substituted;</td></tr><tr><td>(<i>f</i>)</td><td></td><td>in sub-section (6), in item (<i>ii</i>), for the words \"one year\", the words \"two years\" shall be substituted;</td></tr><tr><td>(<i>g</i>)</td><td></td><td>in sub-section (7), for the words \"one year\", the words \"two years\" shall be substituted;</td></tr><tr><td>(<i>h</i>)</td><td></td><td>in <i>Explanation </i>1<i>, </i>in clause (<i>a</i>), for the words \"not levied\", the words \"not levied or not paid or short-levied or short-paid\" shall be substituted.</td></tr></table></div>","words":290,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/120/","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."}