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of <h1>Customs Act Update: 2015 Amendment Exempts Certain Exports from Specific Provisions and Revises Declaration Requirements</h1> The Courier Imports and Exports (Clearance) Amendment Regulations, 2015, modifies the 1998 regulations under the Customs Act, 1962. Key changes include updates to sub-regulation clauses concerning goods exported under various schemes. Goods listed in Appendix 3C of the Foreign Trade Policy (2015-2020) and exported from specific airports are exempt from certain provisions. The amendment also revises the declaration requirements in the Courier Shipping Bill-II and Courier Bill of Export-II forms, specifying limits on the value of commercial samples, prototypes, and gifts per consignment, ensuring no foreign exchange transfer is involved. These regulations take effect upon their publication in the Official Gazette.
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