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of <h1>New Postal Export Regulations 2022: Key Terms Defined for E-commerce and Customs Procedures under Customs Act, 1962</h1> The Postal Export (Electronic Declaration and Processing) Regulations, 2022, define key terms related to customs and export procedures. 'Act' refers to the Customs Act, 1962. An 'authorised agent' is a licensed individual under the Customs Brokers Licensing Regulations, 2018. A 'booking post office' is designated for processing export goods. 'E-commerce' involves online buying and selling, with payments governed by Reserve Bank of India guidelines. 'Electronic declaration' is the digital submission of export details via the PBE Automated System, managed by postal authorities. 'Form' pertains to the documents within these regulations, while the 'PBE Automated System' facilitates electronic declarations. Terms not defined here follow their meanings in the Customs Act.
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