# The Finance Act, 2018, Section 60: Amendment of section 17

- Act: The Finance Act, 2018 (Act 13 of 2018)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2018/section/60/

## Text

Amendment of section 17 60. In the Customs Act, in section 17,— (i) | in sub-section (2),— (a) | for the words "the self-assessment of such goods", the words, figures and brackets "the entries made under section 46 or section 50 and the self- assessment of goods referred to in sub-section (1)" shall be substituted; (b) | the following proviso shall be inserted, namely:— "Provided that the selection of cases for verification shall primarily be on the basis of risk evaluation through appropriate selection criteria."; (ii) | in sub-section (3), for the words "verification of self-assessment", the words "the purposes of verification" shall be substituted; (iii) | in sub-section (5), the words "regarding valuation of goods, classification, exemption or concessions of duty availed consequent to any notification issued therefor under this Act" shall be omitted; (iv) | sub-section (6) shall be omitted.

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