Home India Ministry of Finance The Central Board of Excise and Customs hereby makes the fol...
Date: 2015-06-03 Category: Extra Ordinary State: Union Government Country: India

The Central Board of Excise and Customs hereby makes the following further amendments in the notification of the Govt. of India in the Ministry of Finance (Department of Revenue), No. 63-1994-CUSTOMS (NT) dated the 21st November, 1994.

Issued by Ministry of Finance · Department of Revenue

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Executive Summary & Key Takeaways

Executive Summary: This notification, issued by the Central Board of Excise and Customs on June 3, 2015, amends notification No. 63/1994-Customs (N.T.) dated November 21, 1994. The amendment includes changes to the list of designated places for customs clearance, specifically concerning the land frontier of Bangladesh. It adds "Kamalasagar" to the list of places in the opening paragraph and table. Key Points / Main Content: Amendment to Notification No. 63/1994-Customs (N.T.): The notification introduces further amendments to the original notification regarding customs procedures. Changes in Designated Places: * In the opening paragraph's fourth proviso, "Kamalasagar" is added to the list of places, now reading "Balat, Kalaichar, Srinagar, and Kamalasagar." * In the table concerning the land frontier of Bangladesh, "Kamalasagar" is inserted as entry 56, with the corresponding details: Kamalasagar District, Sephaijala (Tripura), and Border Pillar No. 2039. References: * The principal notification being amended was published as S.O. 830(E) on November 21, 1994. * The notification was last amended via notification No. 08/2015-Customs (N.T.) on January 9, 2015, published as S.O. 126(E) on the same date. Impact Analysis: Customs Officials: * Impact: Required to update their records and procedures to reflect the inclusion of "Kamalasagar" as a designated place for customs clearance. * Action Required: Implement the changes in customs processing and ensure compliance at the Kamalasagar location and update relevant documentation. Importers/Exporters (Bangladesh Border): * Impact: Can now utilize the Kamalasagar point for import and export activities, potentially affecting logistics and trade routes. * Action Required: Evaluate the feasibility of using Kamalasagar for their transactions and adjust their supply chains accordingly. Sephaijala (Tripura) District Authorities: * Impact: Increased customs-related activity and oversight at the Kamalasagar location. * Action Required: Coordinate with customs officials to facilitate smooth operations and ensure compliance with regulations at the Kamalasagar border point (Border Pillar No. 2039).

Key Entities Referenced

Customs Act, 1962: Refers to the Customs Act, 1962 (52 of 1962), which provides the legal framework for customs operations in India. Section 7 empowers the board to declare places as customs ports, airports, etc. Central Board of Excise and Customs: A government agency responsible for the administration of customs, central excise, service tax, and narcotics in India. Now known as the Central Board of Indirect Taxes and Customs (CBIC). Notification No. 63/1994-Customs (N.T.): Refers to a specific notification issued by the Ministry of Finance, Department of Revenue, related to customs matters, dated 21st November 1994. Kamalasagar: A border crossing point or area, located in the state of Tripura, India. Specifically mentioned in relation to the land frontier of Bangladesh. Bangladesh: A country bordering India. The notification references land frontier related matters. Tripura: A state in India, specifically where Kamalasagar and Sephaijala District are located. Sephaijala District: A district in Tripura, India, where the border pillar is located. Balat: A border crossing or region, significant enough to be included in border modifications.
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