Amendments made in Customs Act, 1962 in Union Budget 2020

Last updated: 01 February 2020
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This document outlines the specific amendments made to the Customs Act of 1962 as part of the Union Budget 2020. It details changes concerning import/export regulations, tariff treatments, electronic duty credit ledgers, and goods liable for confiscation. The document also includes amendments to the Customs Tariff Act, 1975, and lists changes in basic customs duty rates for various commodities. This information is crucial for businesses, importers, exporters, and customs professionals to understand the updated legal framework.

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