{"act":{"id":"finance-act-2017","short_title":"The Finance Act, 2017","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2017-2018.","act_number":null,"act_year":2017,"enact_date":"2017-04-17","enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":198,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2017/"},"unit":"section","section":{"number":"92","heading":"Amendment of section 27","text":"Amendment of section 27 92. In the Customs Act, in section 27, in sub-section (2), in the first proviso, after clause (f), the following clause shall be inserted, namely:— \"(g) the duty paid in excess by the importer before an order permitting clearance of goods for home consumption is made where— (i) | such excess payment of duty is evident from the bill of entry in the case of self-assessed bill of entry; or (ii) | the duty actually payable is reflected in the reassessed bill of entry in the case of reassessment.\".","html":"<p><b>Amendment of section 27</b></p><p><b>92.</b> In the Customs Act, in section 27, in sub-section (<i>2</i>), in the first proviso, after clause (<i>f</i>), the following clause shall be inserted, namely:—</p><p>\"(<i>g</i>) the duty paid in excess by the importer before an order permitting clearance of goods for home consumption is made where—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>such excess payment of duty is evident from the bill of entry in the case of self-assessed bill of entry; or</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>the duty actually payable is reflected in the reassessed bill of entry in the case of reassessment.\".</td></tr></table></div>","words":93,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2017/section/92/","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."}