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of <h1>Customs Act Update: New Exemption Date for Deposits u/s 51A(4) Now March 1, 2024.</h1> The Central Board of Indirect Taxes and Customs has amended Notification No. 19/2022-Customs (N.T.) to change the implementation date for the exemption of deposits under section 51A(4) of the Customs Act, 1962. The new effective date for this exemption is now set for March 1, 2024, instead of the previously scheduled January 20, 2024. This amendment was issued by the Ministry of Finance, Department of Revenue, and is part of a series of updates to the original notification published on March 30, 2022.
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