Foreign exchange legislation updated in Customs Act, substituting older FERA reference with the FEMA framework. Amendment substitutes, in section 75(1) of the Customs Act second proviso, the earlier Foreign Exchange statute citation with the later Foreign Exchange Management Act citation, updating the Act's cross-reference to the prevailing foreign exchange legal framework.
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Provisions expressly mentioned in the judgment/order text.
Foreign exchange legislation updated in Customs Act, substituting older FERA reference with the FEMA framework.
Amendment substitutes, in section 75(1) of the Customs Act second proviso, the earlier Foreign Exchange statute citation with the later Foreign Exchange Management Act citation, updating the Act's cross-reference to the prevailing foreign exchange legal framework.
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