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of <h1>New 2019 Regulations for Paperless Export Processing: Key Terms, Procedures, and Penalties Explained.</h1> The Shipping Bill (Electronic Integrated Declaration and Paperless Processing) Regulations, 2019, issued by the Central Board of Indirect Taxes and Customs, supersede the 2011 regulations. They apply to the export of goods from customs stations using the Indian Customs Electronic Data Interchange System. The regulations define key terms such as 'authorised person,' 'electronic integrated declaration,' and 'shipping bill.' They outline procedures for entering declarations, filing, and self-assessment, and mandate retention of documents for five years. Violations of these regulations can result in penalties up to fifty thousand rupees. An authenticated copy of the shipping bill can be requested if needed for legal compliance.
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