TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Customs Act Section 127H amended: Excludes 'interest' from exemptions; changes compliance timeframe references in sub-section (2).</h1> Section 127H of the Customs Act has been amended effective June 1, 2007. In sub-section (1), the phrase regarding exemption from penalties, fines, and interest under the Indian Penal Code or any Central Act is revised to exclude 'interest.' An explanation is added to clarify that applications submitted to the Settlement Commission by May 31, 2007, will be processed under the previous provisions. In sub-section (2), references to 'sub-section (7) of section 127C' are replaced with 'sub-section (5) of section 127C,' altering the timeframe for compliance as specified by the Settlement Commission.
TaxTMI 
TaxTMI 
