Tax department has asked officials to start an outreach programme with stakeholders and make systemic changes to implement proposed modifications in Customs Act aimed at de-cluttering ports and enhancing revenue.The Finance Bill 2017 proposes to modify the Customs Act for filing of bill of entry the same day on which the vessel, aircraft or vehicle carrying the goods arrives at a customs station.Changes have also been proposed relating to the payment of duty and interest.
The Economic Times New Delhi,20th February 2017
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