Substitution of new section for section 53
Section 123 of the Finance Act, 2016 deals with substitution of new section for section 53. Substitution of new section for section 53 123 . The Act was enacted on 27 Jun 2016.
Substitution of new section for section 53
123 . In the Customs Act, for section 53, the following section shall be substituted, namely:—
"53. Transit of certain goods without payment of duty.—Subject to the provisions of section 11, where any goods imported in a conveyance and mentioned in the import manifest or the import report, as the case may be, as for transit in the same conveyance to any place outside India or to any customs station, the proper officer may allow the goods and the conveyance to transit without payment of duty, subject to such conditions, as may be prescribed.".
Section 123, The Finance Act, 2016.
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 123
What does Section 123 of the Finance Act deal with?
Section 123 of the Finance Act is headed "Substitution of new section for section 53". Substitution of new section for section 53 123 .
How do I find court cases under Section 123 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 2016 123, section 123 Finance Act 2016, section 123 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 123 of the Finance Act, and has it changed?
Its own text turns on section 11 (Substitution of new section for sections 25A, 25AA and 25B), section 53 (Amendment of section 115BBE), so none of them can safely be read on its own.
When was Section 123 of the Finance Act enacted?
Section 123 of the Finance Act, cited as Finance Act 2016 123, was enacted on 27 Jun 2016. It is in force as at the date shown on this page.
Other sections of this Act
- Fourth Schedule. Fourth Schedule21791 words
- Eighth Schedule. Eighth Schedule19903 words
- First Schedule. First Schedule8145 words
- 2. Income-tax3742 words
- 222. Insertion of new Chapter III F2100 words
- 70. Substitution of new section for section 1531931 words
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