Section 43 - Amendment of Act 58 of 1962 - Finance Act, 1993

CHAPTER IV INDIRECT TAXES Customs 43. Amendment of Act 58 of 1962 In the Customs Act, 1962, (1) in section 129A,- (a) in sub-section (1), in the second proviso, for the words ten thousand rupees , the words fifty thousand rupees shall be substituted; (b) for sub-section (6), the following sub-section shall be substituted, namely:- (6) An appeal to the Appellate Tribunal shall be in such form and shall be verified in such manner as may be specified by rules made in this behalf and shall, in the case of an appeal made on or after the 1st day of June, 1993, irrespective of the date of demand of duty and interest or of levy of penalty in relation to which the appeal is made, be accompanied by a fee of,- (a) where the amount of duty and interest demanded and penalty levied by any officer of customs in the case to which the appeal relates is one lakh rupees or less, two hundred rupees; (b) where the amount of duty and interest demanded and penalty levied by any officer of customs in the case to which the appeal relates is more than one lakh rupees, one thousand rupees: Provided that no such fee shall be payable in the case of an appeal referred to in sub-section (2) or a memorandum of cross-objections referred to in sub-section (4). ; (2) in section 129C, in sub-section (4), for the words fifty thousand rupees , the words one lakh rupees shall be substituted.