Amendment to section 28E removes the Explanation on joint venture in India and omits clause (h). The proposal amends the Customs Act by deleting two textual elements of section 28E: the Explanation to clause (c) concerning the expression joint venture ... Summary
Amendment to section 28E removes the Explanation on joint venture in India and omits clause (h).
The proposal amends the Customs Act by deleting two textual elements of section 28E: the Explanation to clause (c) concerning the expression joint venture in India, and clause (h) in its entirety, thereby removing those existing definitional and operative provisions.
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