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of <h1>New Customs Regulations Define Key Terms for Electronic Cash Ledger Under Section 51A of Customs Act 1962</h1> The Customs (Electronic Cash Ledger) Regulations, 2022, provide definitions for terms used within the regulations. 'Act' refers to the Customs Act, 1962. An 'authorised bank' is a bank authorized by the government to collect duties or other amounts payable under the Act. The 'electronic cash ledger' is a ledger in the customs automated system where individuals deposit amounts per section 51A of the Act. 'Form' refers to forms attached to these regulations. The 'Jurisdictional Commissioner of Customs' is the Commissioner overseeing the customs station where payments are made. Terms not defined in these regulations but defined in the Act retain their meanings from the Act.
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