Importers can Supplement Bill of Lading details in Bill of Entry on common portal

Importers can Supplement Bill of Lading details in Bill of Entry on common portal

MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS)

Notification No. 36/2021-Customs (N.T.)

New Delhi, the 29th March, 2021

S.O. 1402(E).—In exercise of the powers conferred by the third proviso to the section 149 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby specifies the following amendments in the bill of entry presented under the second proviso to the sub-section (3) of section 46 of the said Act, which may be done by the importer on the common portal:-

(i) Supplementing of Bill of Lading details in the Bill of Entry.

2. This notification shall come into force on the date of its publication in the Official Gazette.

[F. No. 450/77/2021-Cus.IV]

ANANTH RATHAKRISHNAN, Dy.Secy.(Customs)

• Taxes on sales comprising in turnover to be excluded for estimating net profit
• Capital contribution deposited in assessee’s bank not partnership firm – Addition 69A upheld
• Bail granted to a CA accused in a GST evasion of more than 40 crores
• Every provision invoked casts a different onus, quoting wrong section prejudice the assessee
• Liability under MV Act can’t be decided on the grounds of sympathy alone – Supreme Court