Seeks to Amend Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 to extend certain timelines. - 07/2025 - Customs - Non Tariff
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Reporting frequency shifted from monthly to quarterly for concessional import compliance, with certain time limits extended to one year. The amendment inserts a definition of quarter and converts multiple compliance and filing obligations under the principal rules from monthly to quarterly. It also extends specified six month time limits in rules 7 and 10 to a one year period. Form IGCR 3 is updated to substitute 'MONTHLY' with 'QUARTERLY.' These changes alter reporting frequency and certain statutory timelines for imports at concessional rates or for specified end use.
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.
Reporting frequency shifted from monthly to quarterly for concessional import compliance, with certain time limits extended to one year.
The amendment inserts a definition of quarter and converts multiple compliance and filing obligations under the principal rules from monthly to quarterly. It also extends specified six month time limits in rules 7 and 10 to a one year period. Form IGCR 3 is updated to substitute "MONTHLY" with "QUARTERLY." These changes alter reporting frequency and certain statutory timelines for imports at concessional rates or for specified end use.
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