Amend Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 to extend certain timelines

Last updated: 01 February 2025

 Notice Date : 01 February 2025

Quick Summary
The Indian government has amended the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022. These changes, effective from 2nd February 2025, primarily involve extending reporting and compliance timelines. Instead of monthly submissions, businesses will now report on a quarterly basis. Additionally, certain periods for compliance have been extended from six months to one year.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification
No. 07/2025- Customs (N.T.)

New Delhi, the 1st February, 2025

G.S.R………… (E). – In exercise of the powers conferred by section 156 of the Customs Act,1962 (52 of 1962), the Central Government hereby makes the following rules to amend the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules,2022, namely :-

1. Short title and commencement. – (1) These rules may be called the Customs (Import
of Goods at Concessional Rate of Duty or for Specified End Use) Amendment
Rules, 2025
(2) They shall come into force on the 2
nd day of February, 2025.

2. In the Customs (Import of Goods at Concessional Rate of Duty or for Specified End
Use) Rules, 2022 (hereinafter referred to as the principal rules), in rule 3, in subrule (1), after clause k, the following clause shall be inserted, namely:-
‘ka. "quarter” means a period comprising any three consecutive calendar
months ending on the last day of March, June, September or December of a
calendar year;’.

3. In the principal rules, in rule 6, in sub-rule (2), for the words “monthly” and
“month” occurring at both places, the words “quarterly” and “quarter” shall
respectively be substituted.

4. In the principal rules, in rule 7, -
(i) in sub-rule (1), for the word “monthly”, the word “quarterly” shall be
substituted;
(ii) in sub-rule (3), for the words “six months”, the words “one year” shall be
substituted.

5. In the principal rules, in rule 8, in sub-rule (1), for the word “monthly”, the word
“quarterly” shall be substituted.

6. In the principal rules, in rule 9, in sub-rule (1), for the word “monthly”, the word
“quarterly” shall be substituted.

7. In the principal rules, in rule 10, -
(i) in sub-rule (1), in clause (ii), for the words “six months”, the words “one
year” shall be substituted;
(ii) in sub-rule (2), for the word “monthly”, the word “quarterly” shall be
substituted;
(iii) in sub-rule (3), for the word “monthly”, the word “quarterly” shall be
substituted;
(iv) in sub-rule (5), for the word “monthly”, the word “quarterly” shall be
substituted.

8. In the principal rules, in Form IGCR-3, for the word “MONTHLY”, the word
“QUARTERLY” shall be substituted.

[F.NO. CBIC-530524/2/2025-O/o Dir(Customs)-CBEC]

(Ananth Rathakrishnan)
Director (Customs)

Note: - The principal rules No.74/2022- Customs (N.T.), dated the 09th September, 2022 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i) vide number G.S.R.692 (E), dated the 10th September, 2022.


The amendment changes reporting frequencies from monthly to quarterly and extends certain compliance periods from six months to one year.

These rules come into force on the 2nd day of February, 2025.

A 'quarter' means a period of any three consecutive calendar months ending on the last day of March, June, September, or December of a calendar year.

Rules 3, 6, 7, 8, 9, and 10 of the principal rules have been amended, along with Form IGCR-3.

Yes, in rule 7 and rule 10, the period of 'six months' has been substituted with 'one year'.

 

Guest
Notification No : Notification No. 07/2025- Customs (N.T.)
Published in Custom
Source : https://www.indiabudget.gov.in/doc/cen/cus0725nt.pdf

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