TMI BlogClarification regarding legislative changes relating to Customs Act, 1962 and issuance of Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018 – reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... reg. Attention of all stakeholders is invited to Notification No. 36/2018-Customs (N.T.) dated 11.05.2018 issued by Central Board of Customs Indirect Taxes (CBIC) through which the Board has introduced the (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018. 2. In these regulations, unless the context otherwise requires, (a) Act means the Customs Act, 1962 (52 of 1962); (b) authorised person means an importer or a person authorised by him who has a valid licence under the Customs Brokers Licensing Regulations, 2013 or any other regulation dealing with the similar matters and it also includes an employee of the Customs broker who has been issued a photo identity card in Form G under the Customs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ure and enter them on the Customs Automated System and he may also get the electronic integrated declaration made on the customs automated system along with the supporting documents by availing the services at the service centre. Explanation.- For the purposes of this regulation, the words digital signature shall have the meaning assigned to it in the Information Technology Act, 2000 (21 of2000); (i) The authorised person shall file the bill of entry before the end of the next day following the day (excluding holidays) 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 warehousing. (ii) The bill of entry shall be deemed to have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rupees. 5. After the completion of the assessment, an order permitting clearance under subsection (1) of section 47or section 68, as the case may be, shall be made, after examination of the imported goods if so required and the order under regulation 5 may be recorded on the customs automated system and conveyed electronically to the authorised person, the custodian, and to any other person (s) designated by the authorised person. 6. The authorised person shall retain, for a period of 5 years from the date of presentation of the bill of entry, the assessed copy of the bill of entry, digital or otherwise, and all supporting documents in original, which were used or relied upon by him in submitting the electronic integrated declaration ..... X X X X Extracts X X X X X X X X Extracts X X X X
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