# The Finance Act, 2024 (No. 2), Section 161: Amendment of Act 32 of 2003

- Act: The Finance Act, 2024 (No. 2)
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2024-no-2/section/161/

## Text

PART IV AMENDMENT TO THE FINANCE ACT, 2003 Amendment of Act 32 of 2003. 161. In section 134 of the Finance Act, 2003, for sub-section (4), the following sub-section shall be substituted, namely:— "(4) The provisions of the Customs Act, 1962 (52 of 1962) and all rules and regulations made thereunder, including but not limited to those relating to the date for determination of rate of duty, assessment, non-levy, short-levy, refunds, exemptions, interest, recovery, appeals, offences and penalties shall, as far as may be, apply in relation to the levy and collection of the National Calamity Duty of Customs leviable under this section in respect of the goods specified in the Seventh Schedule to the Finance Act, 2001 (14 of 2001), as amended by the Thirteenth Schedule, as they apply in relation to the levy and collection of duties of customs on such goods under that Act or all rules or regulations made thereunder, as the case may be.".

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