Govt. postponed applicability of ECL and EDCL under Customs

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Electronic Cash Ledger; Electronic Duty Credit Ledger

Notification No. 47/2022 and Notification No. 48/2022, both dated May 31, 2022

Section 51A of the Customs Act, 1962 provides that any deposit of duty, interest, penalty, etc. would be credited in the Electronic Cash Ledger and such amount would be used in making a payment towards the liabilities under the Customs Law. The said provision is effective from June 1, 2022.

In order to postpone the applicability of the impugned provision, the Govt. has exempted the deposits pertaining to all classes of persons and all categories of goods from the provisions of the said Section 51A till November 29, 2022. In other words, all the classes of persons are exempted from depositing amounts in Electronic Cash Ledger under Customs.

Further, Notification No. 19/2022-Customs (N.T.), dated March 30, 2022 was issued for exempting a specified category of goods such as accompanied baggage, etc. from the provisions of Section 51A. Such applicability of such exemption has also been extended till November 30, 2022.

Click Here To Read The Full Notification

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