Abolition timing for a customs provision revised, and excise interest applicability corrected to the later removal date. Correction to the Finance Bill, 2001 memorandum advances the customs provision's effective abolition to be 'abolished from 1st March, 2001' and corrects the excise explanatory text to state that interest on warehoused goods at a flat rate applies to removals on or after 16-3-2001, replacing the earlier date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Abolition timing for a customs provision revised, and excise interest applicability corrected to the later removal date.
Correction to the Finance Bill, 2001 memorandum advances the customs provision's effective abolition to be "abolished from 1st March, 2001" and corrects the excise explanatory text to state that interest on warehoused goods at a flat rate applies to removals on or after 16-3-2001, replacing the earlier date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.