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of <h1>Finance Bill 2019 Amends Customs Act Section 135: Fraudulent Instruments Now Punishable; Offense if Duty Exceeds 50 Lakh</h1> Clause 78 of the Finance (No. 2) Bill, 2019, amends section 135 of the Customs Act. It introduces a new clause (e) in sub-section (1), making it a punishable offense to obtain an instrument from any authority through fraud, collusion, wilful misstatement, or suppression of facts, if the instrument has been used by any person. Additionally, a new clause (E) specifies that if the duty related to the instrument's use exceeds fifty lakh rupees, it constitutes a punishable offense. An Explanation is also added to define 'instrument' as per section 28AAA.
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