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Regulation Library

Central Board of Indirect Taxes and Customs

CBIC · India

Regulations & notifications

RegulationNEW3 Sept 2026

CBIC Extends SCMTR Compliance Deadline to 31 October 2026

CBIC's Notification No. 73/2026-Customs (N.T.) dated 1 September 2026 (SCMTR Third Amendment) pushes the specified Sea Cargo Manifest and Transshipment compliance date to 31 October 2026 — buying shipping lines, forwarders and CHAs more transition time on advance manifest filing.

[CBIC] Notification No. 73/2026-Customs (N.T.) · Eff. 1 Sept 2026Global
RegulationNEW1 Sept 2026

Customs Act Basics Every Importer Should Understand

A 2026 primer on the Customs Act, 1962 for importers: what the Act does, the bill of entry (Section 46) and warehousing route, valuation (Section 14) and assessment, duties and clearance (Section 47), duty drawback on re-export (Section 74), penalties, and the key Finance Act 2025 reforms — the two-year limit on finalising provisional assessments (Section 18(1B)) and voluntary post-clearance revision (Section 18A).

[CBIC] Customs Act, 1962 (Act No. 52 of 1962), as amended by the Finance Act, 2025 · Eff. 13 Dec 1962