{"id":64303,"date":"2016-08-29T11:26:28","date_gmt":"2016-08-29T05:56:28","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=64303"},"modified":"2016-09-07T12:55:12","modified_gmt":"2016-09-07T07:25:12","slug":"cargo-in-customs-areas-amendment-regulations-2016","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2016\/08\/29\/cargo-in-customs-areas-amendment-regulations-2016\/","title":{"rendered":"Cargo in Customs Areas (Amendment) Regulations, 2016"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>[F. No. 450\/114\/2015-Cus IV]<\/strong> : \u00a0The Central Board of Excise and Customs in exercise of the powers conferred by sub-section (2) of section 141 read with section 157 of the Customs Act, 1962 (52 of 1962), makes Cargo in Customs Areas (Amendment) Regulations, 2016 in order to amend the Handling of Cargo in Customs Areas Regulations, 2009. They shall come into force on the date of their publication in the Official Gazette.<\/p>\n<p style=\"text-align: justify;\">In the Handling of Cargo in Customs Areas Regulations, 2009 (hereinafter referred to as \u2018the said regulations\u2019), in regulation 5, namely:\u2014 (a) in sub-regulation (3), for the word \u201cthirty\u201d, the word \u201cten\u201d shall be substituted: (b) in sub-regulation (4), the following proviso shall be inserted, namely:\u2014 \u201cProvided that the condition of furnishing of bank guarantee shall not be applicable to ports notified under the Major Ports Act, 1962 (38 of 1963) or to the Central Government or State Governments or their undertakings or to the customs cargo service provider authorised under Authorised Economic Operator Programme.\u201d<\/p>\n<p style=\"text-align: right;\">MINISTRY OF FINANCE<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[F. No. 450\/114\/2015-Cus IV] : \u00a0The Central Board of Excise and Customs in exercise of the powers conferred by sub-section (2) of <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,15],"tags":[],"class_list":["post-64303","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-rules_regulations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cargo in Customs Areas (Amendment) Regulations, 2016 | 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\" href=\"https:\/\/www.scconline.com\/blog\/post\/2016\/08\/29\/cargo-in-customs-areas-amendment-regulations-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cargo in Customs Areas (Amendment) Regulations, 2016\" \/>\n<meta property=\"og:description\" content=\"[F. 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