search this site - type your query and submit

Daily Email Newsletter (Sign-up Free)

Amendment in Regulation 6 of Courier Imports & Exports (Clearance) Regulations, 1998

Central Board of Excise and Customs(CBEC) Notification No. 16/2017-Customs (N.T.) dated the 3rd March, 2017

In exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations, further to amend the Courier Imports and Exports (Clearance) Regulations, 1998, namely:-

1. (1) These regulations may be called the Courier Imports and Exports (Clearance) Amendment Regulations, 2017.
(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Courier Imports and Exports (Clearance) Regulations, 1998, in regulation 6, in the sub- regulation (3), for the first proviso, the following proviso shall be substituted, namely:-

"Provided that for the goods specified in Appendix 3C of the Foreign Trade Policy (2015-20) and for other commercial goods, not covered under clause (e) of sub-regulation (2) of regulation 2, where value of the consignment is up to rupees twenty-five thousand and transaction in foreign exchange is involved, such entry shall be made in Form Courier Shipping Bill CSB-V.".


Note: - The Principal regulations were published vide notification number 87/98-Cus. (N.T.), dated the 9th November, 1998 in the Gazette vide number G.S.R. 662(E). dated the 9th November, 1998 and last amended vide number 142/2016-Customs (N.T.) dated the 29th November, 2016, G.S.R. 1099 (E). dated the 29th November, 2016. 

No comments:

Post a Comment

In comment with "Name/Url" option, only Name is mandatory to be filled.