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of <h1>Finance Bill 2013 Proposes Removal of Redundant Section 143A from Customs Act to Update Export Promotion Schemes</h1> Clause 70 of the Finance Bill, 2013, proposes the removal of Section 143A from the Customs Act. This section is considered redundant due to significant changes in export promotion schemes. The omission reflects an update in the statutory framework to align with current practices in indirect taxation, specifically customs regulations.
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