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of <h1>Amendment to Section 129C of Customs Act: Raise Single Bench Appeal Limit from 10 Lakh to 50 Lakh Rupees</h1> Clause 67 of the Finance Bill, 2013 proposes an amendment to section 129C of the Customs Act. This amendment aims to increase the monetary threshold for the Single Bench of the Appellate Tribunal to hear and resolve appeals. The current limit of 'ten lakh rupees' is proposed to be raised to 'fifty lakh rupees.' This change is intended to enhance the efficiency of the appellate process by allowing the Single Bench to handle higher-value cases.
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