Assessment of Bill of Entry for imports made at a different Customs station-Functions increased for Superintendent of Customs
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)
Notification No. 96 /2020-Customs (N.T.)
New Delhi, the 12th October , 2020
G.S.R. 629(E).—In exercise of the powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5, read with sub-section (34) of section 2 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby, makes the following amendments in the Notification of the Government of India, Ministry of Finance, (Department of Revenue) No.50/2020-Customs (N.T.) dated the 5th of June, 2020, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 352(E) dated 5th June, 2020, namely :-
1. In the said notification, in the Table,-
i. against serial number 1, in column (3), after item (a), the following item shall be inserted, namely :-
“(b) Section 149 (before grant of order for clearance of goods under section 47 or section 68 of the Customs Act, 1962 or before grant of order permitting removal under Section 60 of the Customs Act, 1962, as the case may be) ;”.
2. This notification shall come into force on the date of publication in the Official Gazette.
[F. No 450/26/2019-Cus. IV (Pt)]
ANANTH RATHAKRISHNAN, Dy. Secy. (Customs)
Note: The principal notification number 50/2020-Customs (N.T.), dated the 5th of June, 2020, published in the Gazette of India Extraordinary, Part II, Section 3, sub-section (i) vide number G.S.R. 352(E) dated the 5th of June, 2020.
- High Court grants bail to accused of alleged GST evasion of Rs. 120 crores
- TDS u/s 194IC is applicable for payment under JDA to transferor holding leasehold rights
- On invoking Section 69A burden of proof lies on AO to establish source of unexplained money
- When order u/s 263 is quashed, assessment order u/s 143(3) r.w.s. 263 has no legs to stand
- When interest income offered on accrual basis, TDS on maturity can not be disallowed
