{"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":"135","heading":"Amendment of section 72","text":"Amendment of section 72 135. In the Customs Act, in section 72,— (a) | in sub-section (1),— (i) | clause (c) shall be omitted; (ii) | in clause (d), for the word \"exportation\", the words \"export or\" shall be substituted; (iii) | in the long line, for the words \"all penalties, rent, interest and other charges\", the words \"interest, fine and penalties\" shall be substituted; (b) | in sub-section (2), for the word \"select\", the words \"deem fit\" shall be substituted.","html":"<p><b>Amendment of section 72 </b></p><p><b>135. </b>In the Customs Act, in section 72,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</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>clause (<i>c</i>) shall be omitted;</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>in clause (<i>d</i>), for the word \"exportation\", the words \"export or\" shall be substituted;</td></tr><tr><td>(<i>iii</i>)</td><td></td><td>in the long line, for the words \"all penalties, rent, interest and other charges\", the words \"interest, fine and penalties\" shall be substituted;</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>b</i>)</td><td></td><td>in sub-section (2), for the word \"select\", the words \"deem fit\" shall be substituted.</td></tr></table></div>","words":81,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2016/section/135/","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."}