Skip to content

Statute → case law

See how courts applied this provision

Jump to judgments under this act, then open an AI Brief on any order. Semantic Search helps you ask in plain English.

  • AI Brief & Ask
  • Semantic AI Search

Credentials emailed - log in to pick up where you left off.

TypeBare Act JurisdictionCentral Government

Finance Act, 2003 Schedule II

The Second Schedule

~2 min read
https://sooperkanoon.com/act/9398

Bare act section · Research

About this section

Finance Act, 2003 Schedule II is part of Finance Act, 2003 - The Second Schedule. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

THE SECOND SCHEDULE

[See section 126(1)]

S. No.

Notification No. and date

Amendment

Date of effect of amendment

(1)

(2)

(3)

(4)

1.

G.S.R. 465 (E), dated the 3rd May, 1990 (169/1990-CUSTOMS, dated the 3rd May, 1990)

In the said notification, after condition (iii) and before the Explanation the following condition shall be inserted, namely: --

"(iv) where the licensing authority grants an extension of the period for fulfilment of export obligation in terms of, and subject to the satisfaction of such condition as may be specified in a Public Notice of the Government of India in the Ministry of Commerce and Industry in this regard and the licence-holder units are affected by the earthquake which took place in the State of Gujarat in the month of January, 2001, then, the said period of fulfilment of export obligation may, notwithstanding anything contained in condition (iii), be extended and be deemed to have been extended beyond the 31st day of March, 2002, but shall in no case be extended beyond the 31st day of March, 2004.".

3rd May, 1990.

2

G.S.R. 423 (E), dated the 20th April, 1992 (160/ 1992-CUSTOMS, dated the 20th April, 1992)

In the said notification, after condition (iv), the following condition shall be inserted, namely: --

"(v) where the licensing authority, in respect of a licence-holder unit affected by the earthquake which took place in the State of Gujarat in the month of January, 2001, grants extension of the period for fulfilment of export obligation, in terms of, and subject to the satisfaction of such condition as may be specified in a Public Notice of the Government of India in the Ministry of Commerce and Industry in this regard, the said period of fulfilment of export obligation may be extended and be deemed to have been extended beyond the 31st day of March, 2002, but shall in no case be extended beyond the 31st day of March, 2004.".

20th April, 1992.

Frequently asked questions

What does Finance Act, 2003 Schedule II provide?

Section Schedule II of the Finance Act, 2003 (The Second Schedule) is reproduced on this page as part of the Finance Act, 2003. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Finance Act, 2003 Schedule II?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Finance Act, 2003 Schedule II. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

AI Briefs · Semantic Search · Save & annotate judgments

Start your 7-day free trial