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of <h1>Amendment to Section 125 of Customs Act: No Fine Imposed in Deemed Closure Cases Under Section 28</h1> Clause 77 of the Finance (No. 2) Bill, 2019, proposes an amendment to section 125 of the Customs Act. It seeks to change the wording in the first proviso of sub-section (1) from 'the provisions of this section shall not apply' to 'no such fine shall be imposed.' This amendment clarifies that no fine in lieu of confiscation will be imposed in cases of deemed closure under section 28 of the Customs Act.
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