In section 127L of the Customs Act,--
(a) in sub-section (1),--
(i) the words, figures and letters "before the 1st day of June, 2007" shall be omitted;
(ii) in clause (i), after the words, brackets, figures and letter "sub-section (7) of section 127C", the words, figures, brackets and letter "as it stood immediately before the commencement of section 102 of the Finance Act, 2007(22 of 2007) or sub-section (5) of section 127C" shall be inserted;
(iii) in clause (ii), after the word, brackets and figure "sub-section (7)", the words, figures, brackets and letter "as it stood immediately before the commencement of section 102 of the Finance Act, 2007(22 of 2007) or sub-section (5) of section 127C" shall be inserted;
(b) sub-section (2) shall be omitted.