Section 123 - Substitution of new section for section 53. - Finance Act, 2016

Substitution of new section for section 53. 123. In the Customs Act, for section 53, the following section shall be substituted, namely: Transit of certain goods without payment of duty. 53. Subject to the provisions of section 11, where any goods imported in a conveyance and mentioned in the import manifest or the import report, as the case may be, as for transit in the same conveyance to any place outside India or to any customs station, the proper officer may allow the goods and the conveyance to transit without payment of duty, subject to such conditions, as may be prescribed. .