The Central Board of Indirect Taxes and Customs ( CBIC ), vide notification no.60/2024-Customs ( N.T. ) dated 12th September, 2024 has announced amendments to the Courier Imports and Exports ( Electronic Declaration and Processing ) Regulations, 2010.
The amendment introduces the “Courier Imports and Exports ( Electronic Declaration and Processing ) Amendment Regulations, 2024.” Key modifications include:
Regulation 2, sub-regulation (2), clause (b) has been updated to exclude certain export promotion schemes. The revised clause specifies that import or export of goods under schemes other than Duty Drawback, Remission of Duties and Taxes on Exported Products ( RoDTEP ), and Rebate of State and Central Taxes and Levies ( RoSCTL ) are now included. This change aligns with the Foreign Trade Policy 2023 and its previous iterations.
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Regulation 6 has been amended to clarify export procedures. Notably, sub-regulation (1) now includes a provision that exceptions apply only to exports under Duty Drawback, RoDTEP, or RoSCTL schemes.
Additionally, sub-regulation (3) eliminates references to the Merchandise Exports from India Scheme ( MEIS ) and introduces a new requirement. For exports under the specified schemes, the Authorised Courier or agent must now make the entry of goods for export in the electronic integrated declaration as per the Shipping Bill ( Electronic Integrated Declaration and Paperless Processing ) Regulations, 2019.
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