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TMI BlogClarification regarding legislative changes relating to Customs Act, 1962 proposed in the Finance Bill, 2017X X X X Extracts X X X X X X X X Extracts X X X X ..... cus Tech. Dated 11.04.2017 PUBLIC NOTICE No. 04/2017 DATED 11.04.2017 Sub: Clarification regarding legislative changes relating to Customs Act, 1962 proposed in the Finance Bill, 2017 - reg. **** Attention of all Customs Brokers, Exporters, Importers, Member of the Trade and other stake holders is invited to the Board's Circular No. 12/2017-Customs dated 31.03.2017 on the above mentioned sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... consumption or warehousing is to take place. 4. In this regard, Board has amended Bill of Entry (Electronic Integrated Declaration) Regulations, 2011 and Bill of Entry (Forms) Regulations, 1976 to prescribe late charges for delayed filing. Entry Inwards date at sea ports and date of arrival of cargo at the ICD, airports, Land Customs stations etc would be the relevant date for determining the sai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... toms. [Notification No. 24/2017-Customs (N.T) dated 31.03.2017 refers]. 6. Further, CBEC has amended notification No. 40/2012-Customs dated 02.05.2012 appointing Additional/Joint Commissioner rank officer as the proper officer for considering the requests for waiver of late charge under second proviso to sub-section (3) of section 46. Board expects that this power is invoked in cases where there ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n this regard, it is further clarified that all BoEs filed before the enactment of Finance Bill, 2017 shall be governed by the provisions of section 47 as it stood immediately before the date of such enactment except where such BOE is re-assessed, provisional assessed on or after the said enactment, the importer shall have one day (excluding holidays) instead of two days for payment of duty. BoEs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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