Customs threshold amendment raises the statutory limit under section 129C from one lakh rupees to ten lakh rupees. Section 129C of the Customs Act was amended by substituting the words "one lakh rupees" with "ten lakh rupees" in sub-section (4). The change raises the ... Summary
Customs threshold amendment raises the statutory limit under section 129C from one lakh rupees to ten lakh rupees.
Section 129C of the Customs Act was amended by substituting the words "one lakh rupees" with "ten lakh rupees" in sub-section (4). The change raises the statutory threshold prescribed under that provision for the relevant customs appellate or procedural context governed by the section.
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