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Union of India - Section

Section 78 in The Finance Act, 2018

78. Amendment of section 50.

- In the Customs Act, in section 50, -
(i)in sub-section (1), -
(a)after the word "electronically", at both the places where it occurs, the words "on the customs automated system" shall be inserted;
(b)for the words "in the prescribed form", the words "in such form and manner as may be prescribed" shall be substituted;
(ii)after sub-section (2), the following sub-section shall be inserted, namely:-
"(3) The exporter who presents a shipping bill or bill of export under this section shall ensure the following, namely:-
(a)the accuracy and completeness of the information given therein;
(b)the authenticity and validity of any document supporting it; and
(c)compliance with the restriction or prohibition, if any, relating to the goods under this Act or under any other law for the time being in force.".