Page 68 - ELT_15th August 2020_Vol 373_Part 4

N56 EXCISE LAW TIMES [ Vol. 373

In exercise of the powers conferred by section 157 read with sub-section
(1) of section 54 and section 143AA of the Customs Act, 1962 (52 of 1962), the
Central Board of Indirect Taxes and Customs hereby makes the following regula-
tions, to amend the Transhipment of Cargo to Nepal under Electronic Cargo
Tracking System Regulations, 2019, namely :-
1. Short title and commencement. - (1) These regulations may be
called the Transhipment of Cargo to Nepal under Electronic Cargo Tracking Sys-
tem (Amendment) Regulations, 2020.
(2) They shall come into force on the day of their publication in the Of-
ficial Gazette.
2. In the Transhipment of Cargo to Nepal under Electronic Cargo
Tracking System Regulations, 2019, -
(i) in the sub-regulation (1) of regulation 2, for clause (b), the fol-
lowing clauses shall be substituted, namely :-
“(b) “authorised carrier” means an authorised sea carrier,
authorised train operator or custodian, registered under regula-
tion 3A;
(ba) “authorised sea carrier” means the master of the ves-
sel carrying imported goods, export goods and coastal goods or
his agent or any other person notified by the Central Govern-
ment in terms of sub-section (1) of section 30 of the Act, in the
case of a vessel;
(bb) “authorised train operator” means the train operator
carrying imported goods and export goods;
(bc) “custodian” means a person approved by the Princi-
pal Commissioner or Commissioner of Customs, for the purpos-
es of section 45 of the Act;”;
(ii) after regulation 3, the following regulation shall be inserted,
namely :-
“3A. Registration. - (1) The authorised carrier shall apply
to the jurisdictional Principal Commissioner or Commissioner of
Customs for registration in the Form-II, appended to these regu-
lations.
(2) Where the jurisdictional Principal Commissioner or
Commissioner of Customs is satisfied with the information pro-
vided by the applicant in Form-II, he shall approve the registra-
tion of such applicant for transacting business under these regu-
lations for a period of three years from the date of issue of such
registration.
(3) The jurisdictional Principal Commissioner or Commis-
sioner of Customs shall review the registration before the expiry
of the initial period of registration of three years and may extend
such registration to a further period of five years at a time and in
case of an authorised economic operator for a period of ten
years.

EXCISE LAW TIMES  15th August 2020  68