Insertion of new section 114AB
Section 76 of the Finance Act, 2019 (No. 2) deals with insertion of new section 114AB. Insertion of new section 114AB 76. After section 114AA of the Customs Act, the following section shall be inserted, namely:-- '114AB.
Insertion of new section 114AB
76. After section 114AA of the Customs Act, the following section shall be inserted, namely:--
'114AB. Penalty for obtaining instrument by fraud, etc.—Where any person has obtained any instrument by fraud, collusion, wilful misstatement or suppression of facts and such instrument has been utilised by such person or any other person for discharging duty, the person to whom the instrument was issued shall be liable for penalty not exceeding the face value of such instrument.
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.'.
Section 76, The Finance Act, 2019 (No. 2).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Section 76
What does Section 76 of the Finance Act, 2019 (No. 2) deal with?
Section 76 of the Finance Act, 2019 (No. 2) is headed "Insertion of new section 114AB". Insertion of new section 114AB 76. After section 114AA of the Customs Act, the following section shall be inserted, namely:-- '114AB.
How do I find court cases under Section 76 of the Finance Act, 2019 (No. 2)?
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, 2019 (No. 2) 76, section 76 Finance Act, 2019 (No. 2), section 76 of the Finance Act, 2019 (No. 2). 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 76 of the Finance Act, 2019 (No. 2), and has it changed?
Its own text turns on Customs Act 114AA (Penalty for use of false and incorrect material), so none of them can safely be read on its own.
When was the Finance Act, 2019 (No. 2) enacted?
Finance Act, 2019 (No. 2) was enacted in 2019. 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
- Fifth Schedule. -12409 words
- First Schedule. Income-tax9078 words
- 2. Income-tax4914 words
- 105. Insertion of new sections 101A, 101B and 101C1547 words
- 138. Insertion of new sections 45-ID and 45- IE1010 words
- 6. Amendment of section 10907 words
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