Section132A
The Finance Act, 2013

Chapter VII not to apply in certain cases

In force As on 11 Oct 2026

Ministry Finance Cited by 1 provision

Section 132A of the Finance Act, 2013 deals with chapter VII not to apply in certain cases. Chapter VII not to apply in certain cases [Chapter VII not to apply in certain cases 132A.

Chapter VII not to apply in certain cases

[Chapter VII not to apply in certain cases

132A. Notwithstanding anything contained in this Chapter, the provisions of this Chapter shall not apply to taxable commodities transactions entered into by any person on a [recognised stock exchange] located in an International Financial Services Centre, where the consideration for such transaction is paid or payable in foreign currency.

Explanation.—For the purposes of this section, "International Financial Services Centre" shall have the same meaning as assigned to it in clause (q) of section 2 of the Special Economic Zones, Act, 2005

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Section 132A, The Finance Act, 2013.

Cross-references

Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.

Questions about Section 132A

What does Section 132A of the Finance Act deal with?

Section 132A of the Finance Act is headed "Chapter VII not to apply in certain cases". Chapter VII not to apply in certain cases [Chapter VII not to apply in certain cases 132A.

How do I find court cases under Section 132A of the Finance Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Finance Act 2013 132A, section 132A Finance Act 2013, section 132A of the Finance Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

What should I read with Section 132A of the Finance Act, and has it changed?

1 other provision in this corpus refers back to it.

When was the Finance Act enacted?

Finance Act was enacted in 2013. India Code records no commencement date for it. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. 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. This page is not a substitute for legal advice.