{"id":267706,"date":"2022-06-01T12:30:19","date_gmt":"2022-06-01T07:00:19","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=267706"},"modified":"2022-06-01T11:41:04","modified_gmt":"2022-06-01T06:11:04","slug":"cbic-exempts-deposits-pertaining-to-all-classes-of-persons-and-all-categories-of-goods-from-the-purview-of-section-51a-of-customs-act-1962","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/06\/01\/cbic-exempts-deposits-pertaining-to-all-classes-of-persons-and-all-categories-of-goods-from-the-purview-of-section-51a-of-customs-act-1962\/","title":{"rendered":"CBIC exempts deposits pertaining to all classes of persons and all categories of goods from the purview of Section 51A of Customs Act, 1962"},"content":{"rendered":"<p style=\"text-align: justify;\"><span id=\"page1R_mcid21\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">The Central Board of Indirect Taxes and Customs has notified to <\/span><span dir=\"ltr\" role=\"presentation\">exempt the deposits pertaining to all classes of persons and all <\/span><span dir=\"ltr\" role=\"presentation\">categories of goods, from the provisions of Section 51A dealing with payment of duty, interest, penalty etc. <\/span><\/span><span id=\"page1R_mcid22\" class=\"markedContent\"><\/span><span id=\"page1R_mcid23\" class=\"markedContent\"><br role=\"presentation\" \/><\/span><span id=\"page1R_mcid25\" class=\"markedContent\"><\/span><\/p>\n<p style=\"text-align: justify;\"><span id=\"page1R_mcid25\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">This notification shall come into force with effect from <\/span><span dir=\"ltr\" role=\"presentation\">June 01, 2022 and shall be effective upto <\/span><span dir=\"ltr\" role=\"presentation\">November 29, 2022.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Board of Indirect Taxes and Customs has notified to exempt the deposits pertaining to all classes of persons and all <\/p>\n","protected":false},"author":8808,"featured_media":264781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-267706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CBIC exempts deposits pertaining to all classes of persons and all categories of goods from the purview of Section 51A of Customs Act, 1962 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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(Accounts) Third Amendment Rules, 2022 The Central Government notified Companies (Accounts) Third Amendment Rules, 2022 to further to amend the Companies (Accounts) Rules, 2014. The amendment extends the date for furnishing CSR Report\u2026","rel":"","context":"In &quot;Legal RoundUp&quot;","block_context":{"text":"Legal RoundUp","link":"https:\/\/www.scconline.com\/blog\/post\/category\/columns-for-roundup\/"},"img":{"alt_text":"Monthly RoundUp June 2022","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/Monthly_RoundUp_June_2022.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/Monthly_RoundUp_June_2022.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/Monthly_RoundUp_June_2022.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/Monthly_RoundUp_June_2022.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/Monthly_RoundUp_June_2022.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":77551,"url":"https:\/\/www.scconline.com\/blog\/post\/2016\/10\/12\/the-employees-state-insurance-central-second-amendment-rules-2016-notified\/","url_meta":{"origin":267706,"position":1},"title":"The Employees\u2019 State Insurance (Central) Second Amendment Rules, 2016, notified","author":"Saba","date":"October 12, 2016","format":false,"excerpt":"G.S.R. 959(E).\u2014Whereas certain draft rules further to amend the Employees\u2019 State Insurance (Central) Rules, 1950 were published, as required by sub-section (1) of Section 95 of the Employees\u2019 State Insurance Act, 1948 (34 of 1948), in the Gazette of India, Extraordinary, Part-II, section 3, sub-section (i) vide number G.S.R. 720(E),\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":267434,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/05\/27\/import-without-custom-duty-lower-court-issued-summons-order-but-delhi-hc-sets-aside\/","url_meta":{"origin":267706,"position":2},"title":"Import without custom duty, lower Court issued summons order, but Delhi HC sets aside: Read 5 reasons why impugned order was bad in law","author":"Bhumika Indulia","date":"May 27, 2022","format":false,"excerpt":"Delhi High Court: Chandra Dhari Singh, J., while setting aside the order of lower Court in a case concerning Customs Act, laid down five reasons why the impugned order was bad in law. A petition was filed for quashing the order passed by the lower Court. Factual Background The respondent\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/DelCustoms.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/DelCustoms.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/DelCustoms.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/DelCustoms.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/05\/DelCustoms.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":264779,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/03\/31\/cbic-notifies-a-list-of-deposits-which-will-be-exempted-from-june-01-2022\/","url_meta":{"origin":267706,"position":3},"title":"CBIC notifies a list of deposits which will be exempted from June 01, 2022","author":"Bhumika Indulia","date":"March 31, 2022","format":false,"excerpt":"The Central Board of Indirect Taxes and Customs notifies a list of deposits which will be exempted from June 01, 2022.\u00a0 They are as follows: Deposits with respect to goods imported or exported in customs stations where customs automated system is not in place Deposits with respect to accompanied baggage\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"CBIC","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":163214,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/10\/12\/customs-valuation-determination-value-imported-goods-amendment-rules-2017-notified\/","url_meta":{"origin":267706,"position":4},"title":"Customs Valuation (Determination of Value of Imported Goods) Amendment Rules, 2017 notified","author":"Saba","date":"October 12, 2017","format":false,"excerpt":"NOTIFICATION G.S.R. 1202(E) .\u2014 In exercise of the powers conferred by Section 156 read with Section 14 of the Customs Act, 1962 (52 of 1962), the Central Government, hereby makes the following rules to amend the Customs Valuation (Determination of Value of Imported Goods) Rules 2007, namely:\u2014 2. (i) These\u2026","rel":"","context":"In &quot;Foreign Legislation&quot;","block_context":{"text":"Foreign Legislation","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/foreign\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":277508,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/11\/15\/sebi-notifies-registration-and-regulatory-framework-for-online-bond-platform-providers\/","url_meta":{"origin":267706,"position":5},"title":"SEBI notifies registration and regulatory framework for online bond platform providers","author":"Bhumika Indulia","date":"November 15, 2022","format":false,"excerpt":"\u00a0 \u00a0 On 14-11-2022, the Securities and Exchange Board of India has notified the registration and regulatory framework for the working of Online Bond Platforms (OBPs), in order to streamline the operations of OBPs and to facilitate the participation of investors in the bond market. 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