Changes in the Customs Act, 1962- Circular No. 07/2022
Changes in the Customs Act, 1962 vide Sections 86, 87, 88 and 94 of the Finance Act, 2022 (enacted on 30.03.2022) and notifications related thereto with reference to appointment of officers of customs and assignment of functions – Circular No. 07/2022-Customs
Kind reference is invited to the above subject.
- Changes have been made in sub-section (34) of section 2 of the Customs Act, more classes of officers of customs have been specified in section 3, new sub-sections (1A), (1B), (4) and (5) inserted under Section 5, and a new section 110AA inserted relating to action subsequent to inquiry, investigation or audit which applies in specified situations. For reference purposes, extract from the Memorandum explaining the provisions in the Finance Bill, 2022, is reproduced below:
Previous circulars/instructions stand modified to the above extent. Suitable action(s) should be initiated/taken immediately in the light of above changes/provisions of law, and the Customs Act, 1962. Difficulties, if any in implementation be brought to the notice of Board.
