The Central Board of Indirect Taxes and Customs (CBIC) on July 30, 2024, issued the Draft Bill of Entry (Post Import Amendment) Regulations, 2024, in the exercise of the powers conferred by section 157, read with section 149 of the Customs Act, 1962.
The following provisions have been stated:
• The application for applying for post import amendment of Bill of Entry shall be filed in writing within a period of one year from the date of order for clearance of goods under subsection (1) Section 47 and Section 68 of the Customs Act, 1962, as the case may be:
PROVIDED that the jurisdictional Commissioner of Customs, having regard to the circumstances under which the exporter was prevented from applying within the said period of one year, may consider and decide, for reasons to be recorded in writing, to extend the aforesaid period of one year by a further period of six months:
• The post import amendment of Bill of Entry shall be subject to the following conditions and restrictions, namely:
o no contravention has been noticed or investigation initiated against the importer under the Act or any other law, for the time being in force, in respect of such imports;
o the post import amendment of Bill of Entry does not amount to re-assessment under Customs Act, 1962;
• The Board shall exercise the power to relax the time limit beyond that specified in the regulation.
They shall come into force on the date of their publication in the Official Gazette.
[Notification No. /2024-Customs (N.T.)]
