Seeks to amend notification No. 8/2020-Customs dated 02.02.2020 to make changes consequential to enactment of Finance Act, 2020

Last updated: 13 April 2020

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This notification introduces amendments to Customs Notification No. 8/2020-Customs, dated 2nd February 2020. These changes are a result of the enactment of the Finance Act, 2020. Specifically, references to the Finance Bill, 2020 have been updated to reflect the relevant sections of the Finance Act, 2020.

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

Notification No. 19/2020 – Customs

New Delhi, the 9th April, 2020

G.S.R. (E)- In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962) read with section 141 of the Finance Act, 2020 (12 of 2020), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendments in the notifications of the Government of India in the Ministry of Finance (Department of Revenue), No. 08/2020-Customs, dated the 2nd February, 2020, published in the Gazette of India, Extraordinary, vide number G.S.R. 68 (E), dated the 2nd February, 2020, namely:-

In the said notification, -

(i) for the words, figures and brackets “clause 139 of the Finance Bill, 2020, which, by virtue of the declaration made in the said Finance Bill under the Provisional Collection of Taxes Act, 1931 (16 of 1931), has the force of law”, the words, figures and brackets, “section 141 of Finance Act, 2020 (12 of 2020)” shall be substituted;

(ii) for the words “under the said clause of the Finance Bill”, the words “under the said section of the said Finance Act” shall be substituted.

(F. No. 354/43/2020-TRU)

(Gaurav Singh)

Deputy Secretary to the Government of India

FAQ :

The purpose of this notification is to amend Customs Notification No. 8/2020-Customs to reflect changes consequential to the enactment of the Finance Act, 2020.

Customs Notification No. 8/2020-Customs, dated 2nd February 2020, is being amended.

The enactment of the Finance Act, 2020 has led to these amendments.

References to 'clause 139 of the Finance Bill, 2020' and 'under the said clause of the Finance Bill' are being replaced with 'section 141 of Finance Act, 2020' and 'under the said section of the said Finance Act', respectively.

The amendments are made in exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962, read with section 141 of the Finance Act, 2020.

Notification No : Notification No. 19/2020 – Customs
Source : http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2020/cs-tarr2020/cs19-2020.pdf

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