Important changes in India's Customs Act of 1962

Current information from Lamprecht Transport Ltd.

Submission of Import Bill of Entry (BoE)

The amendment stipulates that the importer must present the Bill of Entry before the end of the next day following the day (excluding holidays) on which the aircraft or vessel or vehicle carrying the goods arrives at the customs station where the customs clearance shall take place. When the BoE is not filed in time, the importer shall be liable to pay charges for late presentation.


Customs Duty Payment timeline

The importer must effect the payment of the duty on the same day in case of self-assessed BoE and in case of re-assessment or provisional assessment, within one day after the return of the BoE.