https://www.taxtmi.com/article/detailed?id=16228 Section 56A of the Customs Act, 1962, introduced by the Finance Act, 2026, extends customs jurisdiction beyond the 12-nautical-mile territorial sea to fishing by Indian-flagged vessels in the Exclusive Economic Zone and the high seas. The amendment responds to the earlier treatment of fish caught outside territorial waters as imports on landing in Indian ports, which created duty liability, documentation burdens, and disincentives for deep-sea fishing. It is supported by UNCLOS flag State jurisdiction, constitutional power over extra-territorial legislation, and the doctrine of real connection, and it permits duty-free landing in Indian ports while treating foreign-port landings as exports. en-us Sat, 18 Apr 2026 08:23:00 +0530 Sat, 18 Apr 2026 08:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16228 Section 56A of the Customs Act, 1962, introduced by the Finance Act, 2026, extends customs jurisdiction beyond the 12-nautical-mile territorial sea to fishing by Indian-flagged vessels in the Exclusive Economic Zone and the high seas. The amendment responds to the earlier treatment of fish caught outside territorial waters as imports on landing in Indian ports, which created duty liability, documentation burdens, and disincentives for deep-sea fishing. It is supported by UNCLOS flag State jurisdiction, constitutional power over extra-territorial legislation, and the doctrine of real connection, and it permits duty-free landing in Indian ports while treating foreign-port landings as exports. Articles Customs - Import - Export - SEZ Sat, 18 Apr 2026 08:23:00 +0530 https://www.taxtmi.com/article/detailed?id=16228