Clause 67 - Amendment of section 28K. - Finance Bill, 2018

67. Amendment of section 28K. In the Customs Act, in section 28K, in sub-section (1), (i) the brackets and words (after excluding the period beginning with the date of such advance ruling and ending with the date of order under this sub-section) shall be omitted; (ii) the following proviso shall be inserted, namely:- Provided that in computing the period of two years referred to in clause (a) of sub-section (1) of section 28, or five years referred to in sub-section (4) thereof, for service of notice for recovery of any duty not levied, short-levied, not paid or short-paid on account of the advance ruling, the period beginning with the date of such advance ruling and ending with the date of the order under this sub-section shall be excluded. .