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<h1>Finance Bill 2012 Proposes Amendments to Customs Act Section 122, Raising Monetary Thresholds for Clauses (b) and (c).</h1> Clause 122 of the Finance Bill, 2012 proposes amendments to section 122 of the Customs Act. It aims to increase the monetary thresholds in clauses (b) and (c), replacing 'two lakh' with 'five lakh' and 'ten thousand' with 'fifty thousand,' respectively. These changes will be effective upon the Bill receiving presidential assent.