Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Finance Bill 2021 amends Customs Tariff Act, Section 8B; clarifies export-oriented and SEZ definitions.</h1> Clause 92 of the Finance Bill, 2021 proposes amendments to section 8B of the Customs Tariff Act, 1975. It modifies sub-section (6) by replacing the conjunction in clause (i) to make the conditions mutually exclusive. Additionally, it revises the Explanation to clarify the definitions of 'hundred per cent. export-oriented undertaking' and 'special economic zone,' aligning them with definitions from the Central Excise Act, 1944, and the Special Economic Zones Act, 2005, respectively.