AMENDMENTS IN THE CUSTOMS ACT, 1962

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..... defining a common portal (Common Customs Electronic Portal ) [ 80 ] 2. Sub-section (3) to section 5 of Customs Act is being amended to empower Commissioner (Appeals) to carry out functions specified under Chapter XV, Section 108 and the new sub-section (1D) of Section 110 of Customs Act [ 81 ] 3. .....

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..... uld culminate in issuance of a notice under section 28 of the Customs Act, 1962. [ 83 ] 5. Sub section (3) of section 46 is being amended so as to- a) mandate filing of bill of entry before the end of the day preceding the day (including holidays) of arrival of goods. b) A new proviso is being introduced therein, to enable the Board .....

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..... portation under claim of remission or refund of any duty or tax or levy, so as to make a wrongful claim in contravention of the provisions of the Customs Act, 1962 or any other law for the time being in force. [ 86 ] 8. A new section 114AC is being inserted in Customs Act to prescribe penalty in specific case where any person has obtained any in .....

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..... em on the basis of risk evaluation through appropriate selection criteria. b) introduce a third proviso so that certain amendments, as may be specified by the Board, may be done by the importer or exporter on the common portal. [ 89 ] 11. Section 153 is being amended so as to insert a new clause (ca)‟ under sub section (1) thereof s .....

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