[TO BE PUBLISHED IN THE GAZETTE OF INDIA,
EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]
Government
of India
Ministry of Finance
Department of Revenue
(Central Board of Indirect Taxes and Customs)
Notification
No. 68 /2018-Customs (N.T.)
New Delhi, the 3
rd August, 2018
G.S.R. (E).— In exercise of the powers conferred by
section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of
Indirect Taxes and Customs hereby makes the following regulations further to
amend the Courier Imports and Exports (Clearance) Regulations, 1998, namely: -
1. (1)
These regulations may be called the Courier Imports and Exports (Clearance)
Amendment Regulations, 2018.
(2) They
shall come into force on the date of their publication in the Official Gazette.
2. In the Courier Imports and Exports (Clearance)
Regulations, 1998 (herein after referred to as the said regulations), in
regulation 2, in sub regulation (2), in clause (e), -
(i) in sub-clause (iii), for the proviso, the
following proviso shall be substituted, namely: -
“Provided that this sub-clause shall not apply to
goods notified in Appendix 3C of the Foreign Trade Policy (2015-2020), under
the Merchandise Exports from India Scheme (MEIS) in consignment of value up to
five lakh rupees and involving transaction in foreign exchange;”;
(ii) in sub-clause (v), for the words “twenty five
thousand”, the words “five lakh” shall be substituted.
3. In
regulation 6 of the said regulations, in sub-regulation (3), in the first
proviso for the words “twenty-five thousand”, the words “five lakh”, shall be
substituted.
[F. No.
450/4/2013-Cus. -IV]
(Zubair Riaz)
Director (Customs)
Note: -The principal notification No. 87/98 -Customs
(N.T.), dated the 9th November, 1998 was published in the Gazette of India,
Extraordinary, vide number G.S.R. 662(E), dated the 9th November, 1998 and was
last amended by notification No. 66/2017-Customs(N.T.), dated the 30th June,
2017 vide number G.S.R. 811 (E), dated the 30th June, 2017.
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