Section 76 of Finance Act 2018
[Section 76 of Finance Act 2018 deals with Amendment of section 46 and is covered in CHAPTER IV INDIRECT TAXES]
Amendment of section 46
76. In the Customs Act, in section 46,—
| (i) | in sub-section (1),— |
| (a) | after the word “electronically”, at both the places where it occurs, the words “on the customs automated system” shall be inserted; | |
| (b) | for the words “in the prescribed form”, the words “in such form and manner as may be prescribed” shall be substituted; |
| (ii) | in sub-section (3), in the first proviso, for the words “within thirty days of”, the words “at any time not exceeding thirty days prior to” shall be substituted; | |
| (iii) | in sub-section (4), for the words “relating to the imported goods”, the words “and such other documents relating to the imported goods as may be prescribed” shall be substituted; | |
| (iv) | after sub-section (4), the following sub-section shall be inserted, namely:— | |
| “(4A) The importer who presents a bill of entry shall ensure the following, namely:— |
| (a) | the accuracy and completeness of the information given therein; | |
| (b) | the authenticity and validity of any document supporting it; and | |
| (c) | compliance with the restriction or prohibition, if any, relating to the goods under this Act or under any other law for the time being in force.”. |
Finance Act 2018 : Assented by President : Download Print Notification