Insertion of new section 56A
Section 149 of the Finance Act, 2026 deals with insertion of new section 56A. Insertion of new section 56A. 149. After section 56 of the Customs Act, the following section shall be inserted, namely:— "56A.
Insertion of new section 56A.
149. After section 56 of the Customs Act, the following section shall be inserted, namely:—
"56A. Special provision for fishing and fishing related activities.—
(1) Notwithstanding anything contained in this Act or in any other law for the time being in force, fish harvested by an Indian-flagged fishing vessel beyond territorial waters of India,—
(a) may be brought into India free of duty; (b) that has landed at foreign port may be treated as export of goods, in such manner and subject to such conditions as may be provided by rules.
(2) The Board may make regulations providing for the form and manner of making an entry in respect of fish harvested including its declaration, custody, examination, assessment of duty, clearance, transit or transhipment.".
Section 149, The Finance Act, 2026 (Act 4 of 2026).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Questions about Section 149
What does Section 149 of the Finance Act deal with?
Section 149 of the Finance Act is headed "Insertion of new section 56A". Insertion of new section 56A. 149. After section 56 of the Customs Act, the following section shall be inserted, namely:— "56A.
How do I find court cases under Section 149 of the Finance Act?
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 2026 149, section 149 Finance Act 2026, section 149 of the Finance Act. 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 149 of the Finance Act, and has it changed?
Its own text turns on Customs Act 56 (Transport of certain classes of goods subject to prescribed conditions), so none of them can safely be read on its own. 4 other provisions in this corpus refer back to it.
When was the Finance Act enacted?
Finance Act was enacted in 2026 as Act 4 of 2026. 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
- First Schedule. -11686 words
- 3. Income-tax under Act 30 of 20258033 words
- Fourth Schedule. -4078 words
- 2. Income-tax under Act 43 of 19612736 words
- 26. Substitution of new sections for sections 276B, 276BB, 276C, 276CC, 276CCC and 276D1437 words
- Fifth Schedule. -1363 words
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