Customs Act 1962 Rules and Regulations

(35) « Regulation » means the measures made by the board of directors under a provision of this Act; 16. Replaced by the Finance Act 2017 (7 of 2017), Article 89 for the words « customs airport » (w.e.f. (27) « India » covers the territorial waters of India. 31 paragraph 7B « common portal » means the electronic portal of the common customs in accordance with Article 154C; 3. It shall enter into force on date 2, which the central government may fix by notice in the Official Journal. (30) `market price` for goods means the wholesale price of the goods in the ordinary course of trade in India; 10. Replaced by Law 22 of 1995, section 51(ii), for clause (7A)(w.e.f. 26-5-1995). The former clause 7(A) was inserted by Act 44 of 1980, Section 50 and Fifth Schedule, Part I-1(b) (w.e.f. 11-10-1982) 29[(43) « Warehouse » means a public warehouse approved under section 57 or a private warehouse approved under section 58 or a special warehouse approved under section 58A;] 30.

Omitted by Article 116(ii) of the Finance Law 2016. Section 45 before the omission was as follows; `(45) `storage station` means a place declared a storage station in accordance with Article 9.` (a) in respect of a ship, the master of the ship; 25[(28A) `international messaging terminal` means any place designated as an international messaging terminal in accordance with point (f) of Subsection 1 of Section 7;] (17) « tests » on goods include their measurement and weighing;. 27[(30AA) `notification` means the notification published in the Official Journal and the term `notify`, with its related meaning and grammatical variation, shall be interpreted accordingly;]. (14) `goods subject to customs duties` means all goods subject to duties for which no duty has been levied; In this law, unless the context provides otherwise, (d) in respect of any other transport, the driver or another person responsible for the transport;. (f) any other specific factor affecting the duties, taxes, charges or other amounts due in respect of those goods, including provisional imposition, self-assessment, revaluation and any assessment where the duty imposed is zero; (c) exemption from or concession of customs duties, taxes, duties or other amounts following a notification made for that purpose under this Act or the Customs Tariff Act or any other Law currently in force; (33) `prohibited goods` means any goods the import or export of which is subject to a prohibition under this Law or any other Law currently in force, but not goods for which the conditions under which the goods may be imported or exported are fulfilled; 12. Replaced by Law 25 of 2014, article 78, for the Commissioner of Customs (w.e.f. 6-8-2014). Previously, the words « Commissioner of Customs » were replaced by section 50 of Act 22 of 1995 by the words « Collector of Customs » (w.f.26-5-1995) 6[(2) « collection » means the determination of the tax liability of the goods and the amount of duties, taxes, duties or other amounts that may be payable under that Act or the Customs Tariff Act; 1975 (hereinafter referred to as the Customs Tariff Act) or under any other law currently in force, with reference to- 25[(30B) « Passenger Name Record Information »: recordings made by an operator of an aircraft, ship or vehicle or its authorized agent for each voyage booked by or on behalf of a passenger;] 9. Replaced by Law 13 of 2018, Article 58 (ii), (w.e.f. 29.03.2018) for « Central Excise and Customs Board ». 3[(1A) « Aircraft » has the same meaning as in the Aircraft Act 1934 (22 of 1934);] (18) « export », with its grammatical variations and related expressions, the transfer from India to a place outside India; 2. Entered into force on 1.2.1963, by the wording G.S.R.

155, dated 23 January 1963, published in the Extraordinary India Gazette, Part II, Section 3(i) of 23 January 1963. (b) in respect of an aircraft, the commander or pilot responsible for the aircraft; 3. Replaced by Act 44 of 1980, section 50 and fifth schedule, part I-1 (a), for clause (1) (w.e.f. 11-10-1982) 1. Inserted by the Finance Act, 2018 (13 of 2018), Article 57 (w.e.f. 29-03-2018) (28) `Indian Customs Waters`: the 23 [waters extending into the sea up to the limit of 24 [exclusive economic zone as defined in section 7] of the Territorial Waters, Continental Shelf, Exclusive Economic Zones and Other Marine Areas Act 1976 (80 of 1976)] and includes any bay, gulf, port, stream or river at tide;. (38) `stocks` means goods intended for use in a ship or aircraft and include fuel, spare parts and other equipment, including immediate equipment; 27. Inserted by Law 49 of 2005, section 30, and schedule, part VI-1 (w.e.f. 28-12-2005). 31. Inserted (w.e.f. 28-03-2021) see Notices as published in the Official Gazette of the Government of India have only the force of law.