Customs Audit Regulations, 2018

May 25, 2018 | by Avantis RegTech Legal Research Team

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General Compliance

In supersession of the On-site Post Clearance Audit at the Premises of Importers and Exporters Regulation, 2011, the Central Board of Indirect Taxes and Customs (CBIC) has made the Customs Audit Regulations, 2018 which shall come into force on the date of their publication in the Official Gazette.

Audit under Customs Audit Regulations, 2018 includes examination or verification of declaration, record, entry, document, import or export licence, authorisation, scrip, certificate, permission etc., books of account, test or analysis reports, and any other document relating to imported goods or export goods or dutiable goods, and may include inspection of sample and goods, if such sample or goods are available and where necessary, drawl of samples.

The Regulations are applicable to a person who is subject to an audit under Section 99A of Customs Act, 1962 and an importer or exporter or custodian approved under Section 45 or licensee of a warehouse and any other person concerned directly or indirectly in clearing, forwarding, stocking, carrying, selling or purchasing of imported goods or export goods or dutiable goods.

[Notification 45/2018-Cus (NT)]



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