TMI BlogClarification regarding legislative changes relating to Customs Act, 1962 proposed in the Finance Bill, 2017-reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2017 To, All Principal Chief Commissioners/Chief Commissioners of Customs/Customs (Preventive) All Principal Chief Commissioners/Chief Commissioners of Customs Central Excise All Principal Commissioners/Commissioners of Customs/Customs (Preventive) All Principal Commissioners/Commissioners of Customs Central Excise Sir/Madam, Subject: Clarification regarding legislativ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... days) on which the aircraft or vessel or vehicle carrying the goods arrives at a customs station at which such goods are to be cleared for home consumption or for warehousing. The free period for filing a BOE is up to the end of the next day following the day (excluding holidays) of arrival of goods at the place where the clearance for home consumption or warehousing is to take place. 4. In ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s captured in ICES. As is evident from the foregoing, for clearances at ICDs, date of arrival of cargo is critical for determining late charges. Board has, therefore, made amendment in the Handling of Cargo in Customs Areas Regulations, 2009 so as to make it mandatory for the Customs Cargo Service providers to provide the information about arrival of cargo to the Customs. [ Notification No. 24/2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e existing provision is that a time period of two days is given to an importer to pay customs duty from the time of return of bill of entry. The implication of proposed amendment is that the importer shall have to make payment of duty on the same day in case of self-assessed BOE and in case of re-assessment or provisional assessment, within one day after the return of BOE . In this regard, it is ..... X X X X Extracts X X X X X X X X Extracts X X X X
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