CBIC extends Exemption Deadline from Deposits for Specified Goods u/s 51A(4) of Customs Act:

CBIC has extended the deadline for exemption from Deposits for Specified Goods u/s 51A(4) of the Customs Act till January 20, 2024 via issuing Notification.

Deadline for Exemption from Deposits for Specified Goods extended

Reetu

Dec 2, 2023

Last update on Dec 2, 2023

CBIC extends Exemption Deadline from Deposits for Specified Goods u/s 51A(4) of Customs Act The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for exemption from Deposits for Specified Goods u/s 51A(4) of the Customs Act till January 20, 2024 via issuing Notification. The Notification stated: 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 30th March, 2022, namely: In the said notification, in para 2, for the words, '1st December, 2023', the words '20th January, 2024' shall be substituted. For Official Notification Download PDF Given Below:

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Reetu is a Content Writer with 4+ years of experience in GST, Income Tax, Finance, Company Law, Education and Career Related Content. She is a B.COM (Honrs.) Graduate.