Home India Ministry of Finance In exercise of the powers conferred by subsection 1 of secti...
Date: 2020-10-12 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by subsection 1 of section 4 and subsection 1 of section

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification, dated October 12, 2020, introduces amendments to a prior notification regarding customs regulations. It is issued by the Central Board of Indirect Taxes and Customs, under the Department of Revenue, Ministry of Finance. The key change concerns the insertion of item 'b' related to Section 149 of the Customs Act, 1962. The notification comes into force on the date of its publication in the Official Gazette. Key Points / Main Content: * **Amendment to Notification:** Notification No. 96/2020-Customs (N.T.) amends Notification No. 50/2020-Customs (N.T.), dated June 5, 2020. * **Legal Basis:** The amendment is made in exercise of powers conferred by subsection 1 of section 4, sub section 1 of section 5, read with subsection 34 of section 2 of the Customs Act, 1962. * **Table Insertion:** In the original notification's table, against serial number 1, in column 3, after item a, item b is inserted. * **Section 149 Context:** Item b refers to Section 149 before granting order for clearance of goods under Section 47 or Section 68 of the Customs Act, 1962, or before granting order permitting removal under Section 60 of the Customs Act, 1962. * **Effective Date:** The notification takes effect on the date of its publication in the Official Gazette. Impact Analysis: * **Customs Officials:** * Impact: Must implement the new provision related to Section 149 within the customs clearance process. * Action Required: Update procedures and ensure compliance with the amended regulations before granting clearance or permitting removal of goods. * **Importers/Exporters:** * Impact: Subject to the new requirements related to Section 149 before order for clearance of goods. * Action Required: Understand and comply with the new procedures regarding Section 149 to ensure smooth clearance of goods.

Key Entities Referenced

Customs Act, 1962: An act of the Parliament of India to consolidate and amend the law relating to customs. Central Board of Indirect Taxes and Customs: A government agency responsible for the administration of indirect taxes (customs, central excise, service tax, and Goods and Services Tax (GST)) in India. Ministry of Finance: A ministry within the Government of India concerned with the economy of India, serving as the Indian Treasury. Department of Revenue: A department under the Ministry of Finance in the Government of India. It controls the collection of direct and indirect taxes through its various arms. New Delhi: The capital of India. G.S.R. 352E: A notification number related to the publication in the Gazette of India. Ananth Rathakrishnan: Dy. Secy. Customs. Notification No. 502020Customs N.T.: A customs notification issued by the Government of India, Ministry of Finance, Department of Revenue.
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रिज(cid:7021)(cid:7069)ी स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12102020-222382 xxxGIDHxxx CG-DL-E-12102020-222382 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—ख(cid:7003) ड 3—उप-ख(cid:7003)ड (i) PART II—Section 3—Sub-section (i) (cid:7079)ािधकार स े(cid:7079)कािशत PUBLISHED BY AUTHORITY स.ं 515] नई (cid:7408)द(cid:7016)ली, सोमवार, अ(cid:6989)त बू र 12, 2020/आि(cid:7019)व न 20, 1942 No. 515] NEW DELHI, MONDAY, OCTOBER 12, 2020/ASVINA 20, 1942 िव(cid:7275) म(cid:7074)ं ालय (राज(cid:7021)व िवभाग) (के(cid:7008)(cid:7076)ीय अ(cid:7079)(cid:7004)य(cid:6979) कर एव ं सीमाश(cid:7016)ु क बोड(cid:6981)) अिधसचू ना नई (cid:7408)द(cid:7016)ली, 12 अ(cid:6989)टूबर, 2020 स.ं 96 /2020 - सीमाशु(cid:7016)क (ग.ैटै.) सा.का.िन. 629(अ).—सीमाशु(cid:7016)क अिधिनयम, 1962 (1962 का 52) क(cid:7409) धारा 2 क(cid:7409) उप-धारा (34) के साथ प(cid:7407)ठत धारा 4 क(cid:7409) उपधारा (1) और धारा 5 क(cid:7409) उप-धारा (1) के तहत (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करते (cid:7263)ए, के(cid:7008)(cid:7076)ीय अ(cid:7079)(cid:7004)य(cid:6979) कर एवं सीमाशु(cid:7016)क बोड,(cid:6981) एतद्(cid:7367)ारा, भारत सरकार, िव(cid:7275) म(cid:7074)ं ालय (राज(cid:7021)व िवभाग) क(cid:7409) अिधसचू ना स(cid:6990)ं या 50/2020-सीमाशु(cid:7016)क (ग.ैटै.), (cid:7408)दनांक 5 जून, 2020, िजसे सा.का.िन 352(अ), 5 जून, 2020 के तहत भारत के राजप(cid:7074), असाधारण, भाग II, खंड 3, उप-खडं (i) म(cid:7286) (cid:7079)कािशत (cid:7408)कया गया था, म(cid:7286) िन(cid:7388)िलिखत संशोधन करता ह,ै यथा:- 1. उ(cid:7334) अिधसूचना म,(cid:7286) सारणी म,(cid:7286)- i. (cid:7059)म सं(cid:6990)या 1 के सम(cid:6979), कॉलम (3) म,(cid:7286) मद (क) के बाद, िन(cid:7388)िलिखत मद को अतं :(cid:7021)थािपत (cid:7408)कया जाएगा:- “(ख) धारा 149 (सीमाशु(cid:7016)क अिधिनयम, 1962 क(cid:7409) धारा 47 या धारा 68 के अतं गत(cid:6981) माल के ि(cid:6989)लयर(cid:7286)स के आदशे को जारी करन े के पहल े या सीमाशु(cid:7016)क अिधिनयम, 1962 क(cid:7409) धारा 60 के अंतग(cid:6981)त उसको हटाकर ल े जान े क(cid:7409) अनुमित के आदेश को जारी करने के पहल,े जैसी भी ि(cid:7021)थित हो);”. 4863 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] 2. यह अिधसूचना सरकारी राजप(cid:7074) म(cid:7286) अपने (cid:7079)काशन क(cid:7409) तारीख से लाग ूहोगी। [फा. स. 450/26/2019 – सीमाशु(cid:7016)क IV(पाट(cid:6981))] राधाकृ(cid:7020)णन आनंद, उप सिचव (सीमाश(cid:7016)ु क) (cid:7407)ट(cid:7009)पणी : (cid:7079)धान अिधसूचना सं(cid:6990)या 50/2020- सीमाशु(cid:7016)क (ग.ैटै.), (cid:7408)दनाकं 5 जून, 2020, सा. का. िन. 352 (अ), (cid:7408)दनांक 5 जून, 2020 के तहत भारत के राजप(cid:7074), असाधारण, भाग II, खंड 3, उप-खंड (i) म(cid:7286) (cid:7079)कािशत क(cid:7409) गयी थी। MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 12th October , 2020 No. 96 /2020-Customs (N.T.) G.S.R. 629(E).—In exercise of the powers conferred by sub-section (1) of section 4 and sub- section (1) of section 5, read with sub-section (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby, makes the following amendments in the Notification of the Government of India, Ministry of Finance, (Department of Revenue) No.50/2020-Customs (N.T.) dated the 5th of June, 2020, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 352(E) dated 5th June, 2020, namely :- 1. In the said notification, in the Table,- i. against serial number 1, in column (3), after item (a), the following item shall be inserted, namely :- “(b) Section 149 (before grant of order for clearance of goods under section 47 or section 68 of the Customs Act, 1962 or before grant of order permitting removal under Section 60 of the Customs Act, 1962, as the case may be) ;”. 2. This notification shall come into force on the date of publication in the Official Gazette. [F. No 450/26/2019-Cus. IV (Pt)] ANANTH RATHAKRISHNAN, Dy. Secy. (Customs) Note: The principal notification number 50/2020-Customs (N.T.), dated the 5th of June, 2020, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 352(E) dated the 5th of June, 2020. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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