Clause 59 - Amendment of section127L - Finance Bill, 2010

CHAPTER IV INDIRECT TAXES Customs Amendment of section127L. 59. In section 127L of the Customs Act,— (a) in sub-section (1),— (i) the words, figures and letters "before the 1st day of June, 2007" shall be omitted; (ii) in clause (i), after the words, brackets, figures and letter "sub-section (7) of section 127C", the words, figures, brackets and letter "as it stood immediately before the commencement of section 102 of the Finance Act, 2007 [22 of 2007.] or sub-section (5) of section 127C" shall be inserted; (iii) in clause (ii), after the words, brackets and figure "sub-section (7)", the words, figures, brackets and letter "as it stood immediately before the commencement of section 102 of the Finance Act, 2007 [22 of 2007.] or sub-section (5) of section 127C" shall be inserted; (b) sub-section (2) shall be omitted.