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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Central Government retrospectively amends Customs Act notifications as per Finance Act 2003; actions validated retroactively.</h1> Notifications issued under section 25 of the Customs Act by the Central Government, specifically G.S.R. 465(E) from May 3, 1990, and G.S.R. 423(E) from April 20, 1992, are retrospectively amended as per the Finance Act, 2003. These amendments are detailed in the Second Schedule and are effective from the dates specified therein. Any actions taken under these notifications are considered valid as if the amendments had always been in place. The Central Government is granted the authority to amend these notifications retrospectively, affirming its power to do so under section 25 of the Customs Act.