Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2024

The Ministry of Finance, through Notification No. 47/2024-Customs (N.T.) dated 30th June 2024, has introduced amendments to the Sea Cargo Manifest and Transhipment Regulations, 2018. These amendments aim to modify specific provisions regarding timelines and financial thresholds applicable to sea cargo manifests and transhipment operations. Read Circular: Implementation of Sea Cargo Manifest and Transshipment Regulations (SCMTR)

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

Notification No. 47/2024-Customs (N.T.) | Dated: 30th June, 2024

G.S.R. 356(E).—In exercise of the powers conferred by section 157, read with sections 30, 30A, 41, 41A, 53, 54, 56, sub-section (3) of section 98 and sub-section (2) of section 158 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs hereby makes the following regulations further to amend the Sea Cargo Manifest and Transhipment Regulations, 2018, namely: –

1. Short title and commencement – (1) These regulations may be called the Sea Cargo Manifest and Transhipment (Second Amendment) Regulations, 2024.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the said regulations, in regulation 15,-

a. In sub-regulation (2), for the words, figures and letters, “till 30^th June 2024”, the words, figures and letters, “till 31^st August 2024” shall be substituted.

3. In the said regulations, in Form XI,

a. for the words, figures and letters, “Rs. ten lakhs”, wherever they occur, the words, figures and letters, “Rs. five lakhs” shall be substituted.

b. for the words, figures and letters, “Rs. 10,00,000/- (Rupees ten lakhs)”, wherever they occur, the words, figures and letters, “Rs. 5,00,000/- (Rupees five lakhs)” shall be substituted.

c. for the words, figures and letters, “Rs. Ten lakhs”, wherever they occur, the words, figures and letters, “Rs. five lakhs” shall be substituted.

[F. No. 450/58/2015- Cus IV(Pt.I)]

DHANANJAY SINGH, Under Secy.

Note: The principal regulations were published in the Gazette of India, Extraordinary, Part II, Section 3 Sub-section (i) vide number G.S.R. 448(E), dated the 11^th May, 2018 and were last amended vide notification No. 26/2024-Customs (N.T) dated the 28^th March 2024, vide number G.S.R. 235(E), dated the 28^th March 2024