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Finance Act 2008 Section 69

Title: Amendment of Section 108

State: Central

Year: 2008

In section 108 of the Customs Act, in sub-section (1), the words duly empowered by the Central Government in this behalf, shall be omitted and shall be deemed to have been omitted with effect from the 13th July, 2006.

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Taxation Laws (Amendment) Act, 2006 Section 25

Title: Amendment of Section 108

State: Central

Year: 2006

In section 108 of the Customs Act, for sub-section (1), the following sub-section shall be substituted, namely:-- "(1) Any gazetted officer of customs duly empowered by the Central Government in this behalf, shall have power to summon any person whose attendance he considers necessary either to give evidence or to produce a document or any other thing in any inquiry which such officer is making under this Act.".

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Patents (Amendment) Act, 2002 Section 45

Title: Amendment of Section 108

State: Central

Year: 2002

Section 108 of the principal Act shall be renumbered as sub-section (1) thereof, and after sub-section (1), as so renumbered, the following sub-section shall be inserted, namely :-- "(2) The court may also order that the goods which are found to be infringing and materials and implement, the predominant use of which is in the creation of infringing goods shall be seized, forfeited or destroyed, as the court deems fit under the circumstances of the case without payment of any compensation.".

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Karnataka Land Reforms Act, 1961 Section 108

Title: Lands Taken Under Management of Court of Wards, Etc.

State: Karnataka

Year: 1961

..... Section 108 - Lands taken under management of Court of Wards, etc. Subject to the provisions of section 110, nothing in the provisions of this Act except section 8 shall apply to lands taken under the management of the Court of Wards or of a Government officer appointed in his official capacity as a guardian under the Guardians and Wards Act, 1890, or to the lands taken under management temporarily by the civil, revenue or criminal courts by themselves or through the receivers appointed by them during the period of such management: Provided that,-- (a) in the case of a tenancy subsisting on the date of taking over the management,1[the provisions of section 44 shall apply and the land shall vest in the Government]; (b) in the case of a tenancy created during the period of management, when the land is released from such management, the tenant shall be dispossessed and the possession of the land shall be delivered to the person lawfully entitled to such possession; (c) with effect from the date on which such land is released from such management, all the provisions of this Act shall apply to such land2[x x x]. _______________________________ 1. Substituted by Act 1.....

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Companies Act, 1956 Section 108-I

Title: Penalty for Acquisition or Transfer of Share in Contravention of Sections 108a to 108d

State: Central

Year: 1956

.....effect to any voting or other rights exercised in relation to any share acquired in contravention of the provisions of section 108B, or which gives effect to any voting right in contravention of any direction made by the Central Government under section 108D, the company shall be punishable with fine which may extend to2[fifty thousand rupees], and every officer of the company who is in default shall be punishable with imprisonment for a term which may extend to three years, or with fine which may extend to2[fifty thousand rupees], or with both.] ________________________ 1.Inserted by Act 58 of 1991, section 28 (w.r.e.f. 27-9-1991) 2.Substituted by Act 53 of 2000, Section 44, for "five thousand rupees" ( w.e.f. 13-12-2000 ) .

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Finance (No. 2) Act, 1998 Section 108

Title: Amendment of Section 11b

State: Central

Year: 1998

In the Central Excise Act, in section 11B, in the Explanation, in clause (B), after sub-clause (ea),the following sub-clause shall be inserted, namely:-- "(eb) in case where duty of excise is paid provisionaly under this Act or the rules made thereunder,the date of adjustment of duty after the final assessment thereof.".

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Finance Act 2001 Section 108

Title: Amendment of Section 114

State: Central

Year: 2001

In section 114 of the Customs Act,- (a) in clause (i), for the words "not exceeding five times the value of the goods or one thousand rupees,", the words "not exceeding the value of the goods or five thousand rupees," shall be substituted; (b) in clause (ii), for the words "not exceeding five times the duty sought to be evaded on such goods or one thousand rupees,", the words "not exceeding the duty sought to be evaded or five thousand rupees," shall be substituted; (c) in clause (iii), for the words "not exceeding five times the amount of drawback claimed or one thousand rupees,", the words "not exceeding the amount of drawback claimed or five thousand rupees," shall be substituted.

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Companies (Second Amendment) Act, 2002 Section 108

Title: Amendment of Section 553

State: Central

Year: 2002

In section 553 of the principal Act, for the word "Court", wherever it occurs, the word "Tribunal" shall be substituted.

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Finance Act, 2003 Section 108

Title: Amendment of Section 27

State: Central

Year: 2003

In section 27 of the Customs Act, in sub-section (2), in the first proviso, in clause (a), after the word "importer", the words "or the exporter, as the case may be" shall be inserted.

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Finance Act, 1983 Section 3

Title: Amendment of Section 2

State: Central

Year: 1983

.....unconditionally to, or acquired unconditionally by, and were throughout the relevant previous year beneficially held by - (a) the Government, or (b) a corporation established by a Central, State or Provincial Act, or (c) any company to which this clause applies or any subsidiary company of such company where such subsidiary company fulfils the conditions laid down in clause (b) of section 108. Explanation : In its application to an Indian company whose business consists mainly in the construction of ships or in the manufacture or processing of goods or in mining or in the generation or distribution of electricity or any other form of power, item (B) shall have effect as if for the words "not less than fifty per cent.", the word "not less than forty per cent." had been substituted;'.

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