76. Amendment of section 50.
In the Customs Act, in section 50,-
(i) in sub-section (1),––
(a) after the word “electronically”, at both the places where it occurs, the words “on the customs automated system” shall be inserted;
(b) for the words “in the prescribed form”, the words “in such form and manner as may be prescribed” shall be substituted;
(ii) after sub-section (2), the following sub-section shall be inserted, namely:-
“(3) The exporter who presents a shipping bill or bill of export under this section shall ensure the following, namely:––
(a) the accuracy and completeness of the information given therein;
(b) the authenticity and validity of any document supporting it; and
(c) compliance with the restriction or prohibition, if any, relating to the goods under this Act or under any other law for the time being in force.”.
Notes on Clauses:
Clause 76 of the Bill seeks to amend section 50 of the Customs Act so as to insert a reference to customs automated system in sub-section (1) with a view to elaborate the manner of submission of shipping bill or a bill of export electronically in respect of entry of goods for exportation. It further proposes to insert a new sub-section (3) to ensure accuracy, authenticity, validity of the declarations made by the exporter under this section and compliance of the prohibitions or restrictions under this Act or under any other law for the time being in force.
