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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New 2018 Bill of Entry Regulations Require Digital Submissions, Limit Late Fees, and Set Compliance Penalties for Importers.</h1> The Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018, replaces the 2011 regulations, requiring importers and Customs Brokers to submit electronic declarations with digital signatures via the Customs Automated System. Late presentation charges for Bills of Entry cannot exceed the duty payable, with a cap of fifty thousand rupees if no duty is owed. Importers must retain assessed copies and original documents for five years for potential Customs review. Stakeholders must comply with these regulations, with non-compliance penalties reaching up to fifty thousand rupees. Difficulties in compliance should be reported to the Commissioner of Customs.
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