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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Finance Act, 2001 retroactively amends Customs Act notifications, overriding past court decisions under Section 25.</h1> The Finance Act, 2001 amends specific notifications issued under section 25 of the Customs Act by the Government of India, Ministry of Finance (Department of Revenue). These amendments apply retrospectively to notifications dated May 3, 1990, April 20, 1992, December 28, 1992, and May 14, 1993, as specified in the Eighth Schedule. The amendments validate actions taken under these notifications as if they had always been in effect, overriding any contrary court or tribunal decisions. The Central Government is empowered to make these retrospective amendments as if it had this power at all relevant times.
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