The Central Board of Indirect Taxes and Customs (CBIC) has issued Notification No. 71/2025-Customs (N.T.), providing clarity on the revision of entries under Section 18A of the Customs Act, 1962. The new rule specifies that no revision of entry shall be made in cases where any benefit availed under an instrument-based scheme-notified under the Foreign Trade (Development and Regulation) Act, 1992-or any notification issued under Section 25(1) of the Customs Act, 1962, is to be reversed, if a separate procedure for such reversal is already prescribed.
This effectively means that if a customs or foreign trade scheme already has a defined process for the reversal of benefits, the general provision for entry revision under Section 18A(5)(c) will not apply to such cases.
The notification, signed by Indrajit Panda, Under Secretary, further states that the changes will come into effect from November 1, 2025.
Key Highlights
- Applies to benefits availed under instrument-based schemes notified under the Foreign Trade Act or the Customs Act.
- No revision of entry is required if a specific reversal mechanism already exists in relevant notifications or regulations.
- Effective date: November 1, 2025.
This clarification is expected to bring procedural uniformity and ease of compliance for importers and exporters dealing with various customs-related benefit schemes under the Foreign Trade and Customs frameworks.
Official copy of the notification has been attached
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