Amendment of Act 13 of 2018

Q: When was Section 166 of the Finance Act, 2024 (No. 2) enacted?

Section 166 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 166, was enacted on 16 Aug 2024. It is in force as at the date shown on this page.

In force As on 11 Oct 2026

Ministry Finance Enacted 16 Aug 2024

Section 166 of the Finance Act, 2024 (No. 2) deals with amendment of Act 13 of 2018. PART IX AMENDMENTS TO THE FINANCE ACT, 2018 Amendment of Act 13 of 2018. The Act was enacted on 16 Aug 2024.

PART IX
AMENDMENTS TO THE FINANCE ACT, 2018
Amendment of Act 13 of 2018.
166. In the Finance Act, 2018,—
(a) in section 110, for sub-section (5), the following sub-section shall be substituted, namely:—
"(5) 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 Social Welfare Surcharge on imported goods 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.";
(b) in section 111, for sub-section (3), the following sub-section shall be substituted, namely:—
"(3) 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 additional duty of customs leviable under this section in respect of scheduled goods as they apply in relation to the levy and collection of duties of customs on scheduled goods under that Act or all rules or regulations made thereunder, as the case may be.";
(c) in section 112, for sub-section (3), the following sub-section shall be substituted, namely:—
"(3) The provisions of the Central Excise Act, 1944 (1 of 1944) 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 cess leviable under this section in respect of scheduled goods as they apply in relation to the levy and collection of duties of excise on such goods under that Act or all rules or regulations made thereunder, as the case may be.";
Section 166, The Finance Act, 2024 (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 166

What does Section 166 of the Finance Act, 2024 (No. 2) deal with?

Section 166 of the Finance Act, 2024 (No. 2) is headed "Amendment of Act 13 of 2018". PART IX AMENDMENTS TO THE FINANCE ACT, 2018 Amendment of Act 13 of 2018.

How do I find court cases under Section 166 of the Finance Act, 2024 (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, 2024 (No. 2) 166, section 166 Finance Act, 2024 (No. 2), section 166 of the Finance Act, 2024 (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 166 of the Finance Act, 2024 (No. 2), and has it changed?

Its own text turns on section 110 (Amendment of section 9A), section 111 (Amendment of First Schedule), section 112 (Amendment of notification issued under section 5A of Central Excise Act, retrospectively), so none of them can safely be read on its own.

When was Section 166 of the Finance Act, 2024 (No. 2) enacted?

Section 166 of the Finance Act, 2024 (No. 2), cited as Finance Act, 2024 (No. 2) 166, was enacted on 16 Aug 2024. It is in force as at the date shown on this page.

Other sections of this Act

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2. Income-tax9063 words
49. Substitution of new Chapter for Chapter XIV-B4593 words
Fourth Schedule. -1864 words
138. Insertion of section 74A1329 words
89. Definitions889 words

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(a)		in section 110, for sub-section (5), the following sub-section shall be substituted, namely:—
		"(5) 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 Social Welfare Surcharge on imported goods 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.";
(b)		in section 111, for sub-section (3), the following sub-section shall be substituted, namely:—
		"(3) 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 additional duty of customs leviable under this section in respect of scheduled goods as they apply in relation to the levy and collection of duties of customs on scheduled goods under that Act or all rules or regulations made thereunder, as the case may be.";
(c)		in section 112, for sub-section (3), the following sub-section shall be substituted, namely:—
		"(3) The provisions of the Central Excise Act, 1944 (1 of 1944) 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 cess leviable under this section in respect of scheduled goods as they apply in relation to the levy and collection of duties of excise on such goods under that Act or all rules or regulations made thereunder, as the case may be.";