Electronic Duty Credit Ledger creates prescribed regulations for duty credit accounting under the Customs Act, effective on Gazette notification. Establishes the Electronic Duty Credit Ledger Regulations, 2021 as a regulatory framework under the Customs Act to prescribe an electronic ledger mechanism for recording and administering duty credit entitlements; defines the short title and provides that the Regulations come into force upon publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Electronic Duty Credit Ledger creates prescribed regulations for duty credit accounting under the Customs Act, effective on Gazette notification.
Establishes the Electronic Duty Credit Ledger Regulations, 2021 as a regulatory framework under the Customs Act to prescribe an electronic ledger mechanism for recording and administering duty credit entitlements; defines the short title and provides that the Regulations come into force upon publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.