Sea cargo manifest compliance lowers the prescribed threshold, includes licensed Customs Brokers, and extends transitional regulatory periods. Sea Cargo Manifest and Transhipment compliance requirements are amended by reducing the prescribed threshold from ten lakhs to five lakhs. The relevant proviso is expanded to cover licensed Customs Brokers alongside Authorised Economic Operators. Transitional periods under regulation 15 are extended until 1 November 2020 and 31 March 2021 respectively, with effect from publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Sea cargo manifest compliance lowers the prescribed threshold, includes licensed Customs Brokers, and extends transitional regulatory periods.
Sea Cargo Manifest and Transhipment compliance requirements are amended by reducing the prescribed threshold from ten lakhs to five lakhs. The relevant proviso is expanded to cover licensed Customs Brokers alongside Authorised Economic Operators. Transitional periods under regulation 15 are extended until 1 November 2020 and 31 March 2021 respectively, with effect from publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
