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of <h1>Customs Act Section 156 Updated: Clarifies Compounding Procedures and Methodology for Offenses Under Finance (No. 2) Act, 2009.</h1> Section 156 of the Customs Act is amended in sub-section (2), clause (h), by replacing the phrase 'for compounding' with 'for compounding and the manner of compounding.' This amendment, part of the Finance (No. 2) Act, 2009, pertains to the provisions related to indirect taxes, specifically addressing the process and methodology for compounding offenses under the Customs Act.
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