{"act":{"id":"finance-act-2019-no-2","short_title":"The Finance Act, 2019 (No. 2)","long_title":"An Act to give effect to the financial proposals of the Central Government for the financial year 2019-2020.","act_number":null,"act_year":2019,"enact_date":null,"enforcement_date":null,"ministry":"Ministry of Finance","department":"Department of Revenue","jurisdiction":"CENTRAL","unit":"section","section_count":217,"in_force":true,"spent":false,"spent_note":null,"duplicate_of":null,"text_source":"published","scan_url":null,"url":"https://indiacode.ecourtsindia.com/finance-act-2019-no-2/"},"unit":"section","section":{"number":"79","heading":"Amendment of section 135","text":"Amendment of section 135 79. In section 135 of the Customs Act,— (i) | in sub-section (1),— (a) | in clause (d), for the words ''export of goods,'', the words ''export of goods; or'' shall be substituted; (b) | after clause (d), the following clause shall be inserted, namely:— \"(e) obtains an instrument from any authority by fraud, collusion, wilful misstatement or suppression of facts and such instrument has been utilised by such person or any other person,\"; (c) | in item (i),— (I) | in sub-item (D), for the words ''of rupees,'', the words ''of rupees; or'' shall be substituted; (II) | after sub-item (D), the following sub-item shall be inserted, namely:— \"(E) obtaining an instrument from any authority by fraud, collusion, wilful misstatement or suppression of facts and such instrument has been utilised by any person, where the duty relatable to utilisation of the instrument exceeds fifty lakh rupees,\". (ii) | after sub-section (3), the following Explanation shall be inserted, namely:— 'Explanation.-- For the purposes of this section, the expression \"instrument\" shall have the same meaning as assigned to it in the Explanation 1 to section 28AAA.'.","html":"<p><b><b>Amendment of section 135</b></b></p><p><b><b>79</b>. </b>In section 135 of the Customs Act,—</p><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>i</i>)</td><td></td><td>in sub-section (1),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>a</i>)</td><td></td><td>in clause (<i>d</i>), for the words ''export of goods,'', the words ''export of goods; or'' shall be substituted;</td></tr><tr><td>(<i>b</i>)</td><td></td><td>after clause (<i>d</i>), the following clause shall be inserted, namely:—</td></tr><tr><td></td><td></td><td>\"(<i>e</i>) obtains an instrument from any authority by fraud, collusion, wilful misstatement or suppression of facts and such instrument has been utilised by such person or any other person,\";</td></tr><tr><td>(<i>c</i>)</td><td></td><td>in item (<i>i</i>),—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td>(<i>I</i>)</td><td></td><td>in sub-item (<i>D</i>), for the words ''of rupees,'', the words ''of rupees; or'' shall be substituted;</td></tr><tr><td>(<i>II</i>)</td><td></td><td>after sub-item (<i>D</i>), the following sub-item shall be inserted, namely:—</td></tr></table></div><div class=\"tablewrap\"><table class=\"dtable\"><tr><td></td><td></td><td>\"(<i>E</i>) obtaining an instrument from any authority by fraud, collusion, wilful misstatement or suppression of facts and such instrument has been utilised by any person, where the duty relatable to utilisation of the instrument exceeds fifty lakh rupees,\".</td></tr><tr><td>(<i>ii</i>)</td><td></td><td>after sub-section (3), the following Explanation shall be inserted, namely:—</td></tr><tr><td></td><td></td><td><i>'Explanation.-- </i>For the purposes of this section, the expression \"instrument\" shall have the same meaning as assigned to it in the <i>Explanation </i>1 to section 28AAA.'.</td></tr></table></div>","words":189,"text_source":"published"},"classification":[],"instruments":[],"judgments":[],"corresponds_to":[],"url":"https://indiacode.ecourtsindia.com/finance-act-2019-no-2/section/79/","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."}