The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification 70/2023-Customs (N.T.), which amends the earlier Notification No.19/2022-Customs (N.T.) dated March 30, 2022. This update introduces changes to certain customs procedures, potentially affecting how specific goods are processed at ports.
These amendments could alter the documentation or filing requirements for some imports. Importers dealing with goods under specific Customs Tariff Headings (CTH) should pay attention to these changes. The exact impact on Neo trades, such as cashew or textiles, will depend on the specific CTH and the nature of the amendments.
1) Open the official notice here
2) Check whether your CTH, documents or policy line is touched
3) Ask Neo's CHA before changing Bill of Entry or Shipping Bill practice