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[Cites 0, Cited by 0] [Section 102] [Entire Act]

Union of India - Subsection

Section 102(1) in THE FINANCE ACT, 2021

(1)of section 3 of the Central Excise Act, 1944;
(b)the expression “special economic zone” shall have the same meaning as assigned to it in clause (za) of section 2 of the Special Economic Zones Act, 2005.’;
(iv)in sub-section (6),––
(a)in the first proviso, for the words “of five years”, the words “upto five years” shall be substituted;
(b)after the second proviso, the following proviso shall be inserted, namely:––
“Provided also that if the said duty is revoked temporarily, the period of such revocation shall not exceed one year at a time.”.