Excise/Custom

Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2024

Sea Cargo Manifest and Transshipment (Third Amendment) Regulations, 2024

CBIC has notified phase-wise implementation of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) vide Notification No. 57/2024-Customs (N.T.) dated 31st August, 2024.

The SCMTR seeks to bring about transparency, predictability of movement, advance collection of information for expeditious risk-based Customs clearance. The regulations stipulate the obligations, the roles and responsibilities, for the various stakeholders involved in the movement of imported/exported goods. The regulations also specify the changes to the formats and timelines for filing the manifest declarations. As the transitional provision under Regulation 15 (2), the old formats have continued to be accepted, thereby giving sufficient time for complying with the new formats in a phased manner. CBIC Circular No. 43/2020- Customs dated 30th September, 2020 had elaborated more on the above aspects.

CBIC has issued Circular No. 12/2024 Customs dated 31st August 2024 which states that Board has decided to implement SCMTR in a phased manner in terms of the Notification No. 57/2024-Customs (N.T.) dated 31st August, 2024. Implementation of the SCMTR at different ports shall be as follows:

Sr. No. Custom Ports Date of Implementation of SCMTR filing in new format
(1) (2) (3)
1. Mormugao (INMRM1) 11.09.2024
2. Mangalore (INNML1) 01.10.2024
3. Mumbai (INBOM1) and Kandla (INIXY1) 16.10.2024
4. Tuticorin (INTUT1) and Vishakhapatnam (INVTZ1) 01.11.2024
5. Ennore (INENR1), Kattupalli (INKAT1) and Cochin (INCOK1) 16.11.2024
6. All the Customs Ports other than mentioned at Sr. No. 1 to 5 above 01.12.2024

According to the circular, as per the dates mentioned in column no. (3) of the table above, filing only in the new format as per SCMTR will become mandatory. Therefore, the stakeholders have been advised to start filing immediately in the new format on a parallel basis on priority, as failure of the same may negatively impact the cargo clearance times for those consignments after the same becomes mandatory on effective date.

Share

Recent Posts

  • Income Tax

ITR was not non est for no e-verification when AO took cognizance of returned income

Return could not be said to be non est for non e-verification when AO had been taken due cognizance of…

8 hours ago
  • Income Tax

Section 43CB & ICDS-III is applicable to contractors not to real estate developers

Section 43CB read with ICDS-III is applicable to contractors and not real estate developers - ITAT In a recent judgment,…

13 hours ago
  • Income Tax

Expenses of ESOP are allowable as revenue expenditure u/s 37(1) of Income Tax Act.

Expenses incurred on ESOP are allowable as revenue expenditure u/s 37(1) of Income Tax Act – ITAT Delhi In a…

1 day ago
  • Income Tax

Compliance history of supplier can’t be used to invalidate genuine business transactions of buyer

Compliance history of supplier could not be used to invalidate the genuine business transactions of the buyer especially when the…

1 day ago
  • Income Tax

Reassessment quashed as AO issued notice u/s 148 instead of 153C as reopening was based on search

Reassessment quashed as AO issued u/s 148 instead of 153C as reopening was based on incriminating material found during search…

1 day ago
  • Empanelment

Empanelment of CA/CMA /Legal firm for FEMA & other allied services at EPIL

Empanelment of Chartered Accountants/Cost Accountant/Legal firm for FEMA & other allied services Engineering Projects (India) Ltd. has invited application for…

1 day ago