CBIC Extends Exemption on Deposits into Electronic Cash Ledger Under Section 51A(4) of Customs Act, 1962

The CBIC has extended the exemption from deposits into the Electronic Cash Ledger under Section 51A(4) of the Customs Act, 1962, until February 29, 2024. This extension applies to goods imported or exported in customs stations without automated systems, goods imported or exported in International Courier Terminals, and accompanied baggage. The exemption does not apply to specific electronic payments and is granted by CBIC under the authority of sub-section (4) of section 51A of the Customs Act, 1962.