https://www.taxtmi.com/acts?id=37075 The amendment revises section 104 of the Customs Act to remove territorial limits in subsection (1); adds threshold-based offences in subsections (4) and (6) for fraudulently availing drawback or exemptions and for fraudulently obtaining or using an "instrument" under the Customs Act or the Foreign Trade Act where duty consequences exceed the statutory threshold; and inserts an Explanation defining "instrument" by reference to Explanation 1 to section 28AAA. en-us Wed, 24 Jul 2019 16:46:27 +0530 Wed, 24 Jul 2019 16:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37075 The amendment revises section 104 of the Customs Act to remove territorial limits in subsection (1); adds threshold-based offences in subsections (4) and (6) for fraudulently availing drawback or exemptions and for fraudulently obtaining or using an "instrument" under the Customs Act or the Foreign Trade Act where duty consequences exceed the statutory threshold; and inserts an Explanation defining "instrument" by reference to Explanation 1 to section 28AAA. Act-Rules F. Acts / Amendment Acts Wed, 24 Jul 2019 16:46:27 +0530 https://www.taxtmi.com/acts?id=37075