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Customs (Electronic Cash Ledger) Regulations, 2022

The Finance Act, 2018 had presented the concept of electronic cash ledger under the Customs law by introducing ‘Chapter VIIA – Payment through electronic cash ledger’ in the Customs Act, 1962. This chapter contains provisions regarding payment of duty, interest, penalty, fee, or any other sum payable under the provisions of the Customs Act, 1962 or the Customs Tariff Act,1975 by way of electronic cash ledger (‘e-cash ledger’). However, the said chapter was not notified then.

Source Aurtus Consulting LLP

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