Exemption of deposits from provisions of Section 51 of Customs Act, 1962

The Government of India, Ministry of Finance, Department of Revenue, Central Board of Indirect Taxes and Customs, has issued Notification No. 88/2023-Customs (N.T.) dated 29th November, 2023. This notification brings crucial amendments to the Customs Act, 1962, specifically altering the provisions outlined in Notification No.19/2022-Customs (N.T.) dated 30th March, 2022 related to Exemption of deposits from provisions of Section 51 of Customs Act, 1962.

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Government of India
Ministry of Finance
Department of Revenue
(Central Board of Indirect Taxes and Customs)

Notification No. 88/2023-Customs (N.T.)|Dated the 29^th November, 2023

S.O. 5087(E).— In exercise of the powers conferred by sub-section (4) of section 51A of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs, on being satisfied that it is necessary and expedient to do so, hereby makes the following further amendments to the notification no. 19/2022–Customs (N.T.), dated the 30th March, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub- section (ii) vide S.O. 1512 (E), dated the 30^th March, 2022, namely, –

In the said notification, in para 2, for the words, ‘1^st December, 2023′, the words ’20th January, 2024′ shall be substituted.

[F. No. 442/02/2017-Cus IV(Pt)]

(Radhe Krishna),

Under Secretary to the Government of India

Note: The principal notification was published in the Gazette of India, Extraordinary, Part-II, Section-3, Sub-section (ii), vide notification no. 19/2022–Customs (N.T.), dated the 30th March, 2022, vide number S. O. 1512 (E), dated the 30th March, 2022 and was amended by notification no. 48/2022-Customs (N.T.) dated the 31^st May, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 2494 (E), dated the 31^st May, 2022, notification no. 99/2022-Customs (N.T.) dated the 29^th November, 2022, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 5540 (E), dated the 29^th November, 2022, notification no. 19/2023-Customs (N.T.) dated the 30^th March, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 1529 (E), dated the 30^th March , 2023, notification no. 30/2023-Customs (N.T.) dated the 26th April, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide number S.O. 1934 (E), dated the 26th April, 2023, notification no. 48/2023- Customs (N.T.) dated the 30^th June, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide S.O. 2830(E), dated the 30^th June, 2023 and notification no. 70/2023-Customs (N.T.) dated the 27th September, 2023, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) vide S.O. 4254(E), dated the 27th September, 2023.