# The Finance Act, 2023, Section 128: Amendment of section 25

- Act: The Finance Act, 2023 (Act 8 of 2023)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2023/section/128/

## Text

CHAPTER IV INDIRECT TAXES CUSTOMS Amendment of section 25. 128.  In the Customs Act, 1962 (52 of 1962)(hereinafter referred to as the Customs Act), in section 25, in sub-section (4A), after the proviso, the following proviso shall be inserted, namely:— "Provided further that nothing contained in this sub-section shall apply to any such exemption granted to, or in relation to,— (a) | any multilateral or bilateral trade agreement; (b) | obligations under international agreements, treaties, conventions or such other obligations including with respect to United Nations agencies, diplomats and international organisations; (c) | privileges of constitutional authorities; (d) | schemes under the Foreign Trade Policy; (e) | the Central Government schemes having validity of more than two years; (f) | re-imports, temporary imports, goods imported as gifts or personal baggage; (g) | any duty of customs under any law for the time being in force, including integrated tax leviable under sub-section (7) of section 3 of the Customs Tariff Act, 1975 (51 of 1975), other than duty of customs leviable under section 12.".

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