Late filing of Bills of Entry (BOE) attracts late fees. Therefore, keeping in view the exigency due to outbreak of Corona Virus. Late Fees will not be charged for those Bills of Entry filed for clearance of import consignments which have arrived at ICD, TKD on or after 21.03,2020 but on or before 31.05.2020, if filed late on or before 03.06.2020, for clearance of import consignments.
Amendment has been made in Relevant Para of Public Notices issued earlier in this regard, relevant existing and amended para has been reproduced below
Existing Para:
“Late filing of Bills of Entry attracts late fee in terms of ‘Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018’ notified vide Notification No. 36/2018- Cus.(N. T.) dated 11.05.2018 read with second proviso to Section 46(3) of the Customs Act, 1962. Therefore, keeping in view the exigency due to outbreak of Corona Virus and in order to facilitate the trade for clearance of the import consignments, it is decided in the public interest that those Bills of Entry filed for clearance of import consignments which have arrived at ICD, TKD on or after 21.03.2020 but on or before 17.05.2020, if filed late on or before 20.05.2020, for clearance of import consignments, will not attract any late fee charges”
Amended Para:
“Late filing of Bills of Entry attracts late fee in terms of ‘Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018’ notified vide Notification No, 36/2018- T,) dated 11.05 2018 read with the second proviso to Section 46(3) of the Customs Act, 1962. Therefore, keeping in view the exigency due to outbreak of Corona Virus and in order to facilitate the trade for clearance of the input consignments, it is decided in the public items that those Bills of Entry filed for clearance of import consignments which have arrived at ICD, TKD on or after 21.03,2020 but on or before 31.05.2020, if filed late on or before 03.06.2020, for clearance of import consignments, will not attract any late tee charges.”
- Other contents of the Public Notice No. 10/2020 dated 26.03.2020 as amended vide corrigendum dated 29.03.2020 remain unchanged. Public Notice No. 10/2020 dated 26.03.2020 stands amended to this extent.
Readers are advised to refer full notice for further details.
Click here to download the Public Notice
(Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided. Neither Author nor Yes GST (collectively referred as we) assume no responsibility thereof. The user of the information agrees that the information is not a professional advice and is subject to change without notice. In no event, we shall be liable for any direct, indirect, special or incidental damage resulting from, arising out of or in connection with the use of the information.)
Mr. Setia is a CA by Profession and expert in the field of Indirect Taxation Based in Delhi. Rich experience of over 5 year.