CBIC publishes the Transportation of Goods (Through Foreign Territory), Regulations, 2020

Feb 25, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Central Board of Indirect Taxes and Customs (CBIC) on February 21, 2020, has published the Transportation of Goods (Through Foreign Territory), Regulations, 2020 in supersession of the Transportation of Goods (Through Foreign Territory) Regulations, 1965.

 This Act will apply to the movement of goods between the People’s Republic of Bangladesh and the Republic of India:

i. Under the agreement on the Use of Chattogram and Mongla Ports 

ii. Protocol on Inland Water Transit and Trade (PIWTT), but the regulations will not apply to the movement of export-import cargo between India and Bangladesh or export to third countries

iii. Land route which lies partly over the territory of a foreign country.

 Documentation: The consignor of the goods or the carrier of the goods or their authorised agent shall, at the customs station of exit in India will file a customs tariff declaration and execute a bond (Page 5) for safe transportation of the goods up to the destination.

 Permission to load goods: Person-in-charge will load the goods after obtaining Customs Transit Declaration (Page 3 and 4) for goods.

 Arrival at the customs station of re-entry:

i. The proper officer at the customs station of re-entry will check the intactness of the customs one-time-lock affixed at the customs station of exit.

ii. The consignor of the goods or the carrier of the goods or their authorised agent will submit copy of the Customs Transit Declaration at the customs station of re-entry in India, to the customs officer at the customs station of exit in India, as a proof of due arrival of the, within three months of the departure from the customs station of exit, which may be extended by a further period not exceeding six months by the proper officer.

iii. After receipt of the duly endorsed Customs Transit Declaration, the Custom Officer will credit or close the bond.

They will come into force on the day of their publication in the official gazette.

[Notification 16/2020-Customs (N.T.)]


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