https://www.taxtmi.com/article/detailed?id=7855 The Bill expands manifest and reporting duties to cover both imported and exported goods, empowers prescription of the manner of electronic delivery, and introduces the Customs Automated System as an alternative for presentation and clearance of bills, manifests and reports. It establishes an electronic cash ledger for authorized payments with prescribed use and refund mechanisms and Board exemptions. New audit provisions allow prescribed audits of import/export assessments; controlled delivery is authorised under supervision for enforcement; service of notices is broadened to multiple modes; and the Board's regulatory scope is significantly widened to prescribe procedures across presentation, clearance, audit, controlled delivery and trade facilitation. en-us Sat, 03 Feb 2018 08:01:34 +0530 Sat, 03 Feb 2018 08:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7855 The Bill expands manifest and reporting duties to cover both imported and exported goods, empowers prescription of the manner of electronic delivery, and introduces the Customs Automated System as an alternative for presentation and clearance of bills, manifests and reports. It establishes an electronic cash ledger for authorized payments with prescribed use and refund mechanisms and Board exemptions. New audit provisions allow prescribed audits of import/export assessments; controlled delivery is authorised under supervision for enforcement; service of notices is broadened to multiple modes; and the Board's regulatory scope is significantly widened to prescribe procedures across presentation, clearance, audit, controlled delivery and trade facilitation. Articles Budget - Tax Proposals Sat, 03 Feb 2018 08:01:34 +0530 https://www.taxtmi.com/article/detailed?id=7855