Customs allows post-clearance revisions — of course, conditions apply

In a welcome move, the government has enabled importers and exporters to, after Customs clearance of goods, revise the particulars in the shipping bill (S/B) or bill of export (BoE) or bill of entry (B/E) and pay differential duty with interest or claim refunds.

- TNC RAJAGOPALAN

This will help importers and exporters to rectify any mistakes, such as wrong classification, made during self-assessment.

Section 18A was inserted in the Customs Act, 1962 (CA62) through Section 93 of the Finance Act, 2025 with effect from March 29, 2025, empowering the Central Board of Indirect Taxes and Customs (CBIC) to prescribe the conditions and the manner in which voluntary revision of entries in B/E, S/B or BoE may be made, after clearance of goods. Accordingly, on October 30, the CBIC notified Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025.

Now, any importer or exporter or his Customs broker can file at the port where the duty was originally paid, electronic applications for revision of one or more entries already made during clearance of goods along with a fee of ₹1,000/- and a declaration in the prescribed format.