Customs valuation reference expanded to include both sub-section (1) and sub-section (2) of section 14.

Section 2 of the Customs Act, 1962 was amended in clause (41) by substituting the reference to sub-section (1) of section 14 with sub-section (1) or sub-section (2) of section 14 for valuation purposes under the Act. The amendment was to take effect from a date appointed by notification in the Official Gazette, with the noted commencement date being 10-10-2007.

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