The Central Board of Indirect Taxes and Customs (CBIC) has extended the exemption from maintaining deposits in the Electronic Cash Ledger (ECL) under the Customs Act till March 31, 2023.The Board, empowered under section 51A of the Customs Act, 1962, has amended notification No. 47/2022-Customs (NT) dated May 31, 2022.The CBIC exempted deposits from the provisions of Section 51A of the...
