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of <h1>Customs Act Section 158 amended: Monetary threshold increased from 50,000 to 2 lakh under Finance Act 2019.</h1> Section 158 of the Customs Act has been amended by the Finance (No. 2) Act, 2019. In sub-section (2), clause (ii), the monetary threshold has been revised from 'fifty thousand rupees' to 'two lakh rupees.'
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