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Government of India
Ministry of Finance
Department of Revenue
(Central Board of Excise and Customs)
Notification No. 114/2017-Customs
(N.T.)
New Delhi, the 14th December. 2017
G.S.R. (E). – In exercise of the powers conferred by sections 108A read with
section 156 of the Customs Act, 1962 (52 of 1962), the Central Government hereby
makes the following rules, namely: –
1. Short title and commencement. – (1) These rules may he called the Customs
(Furnishing of Information) Rules, 2017.
(2) They shall come into force
from the I’ day of January. 2018.
2. Definition. – (1) In these rules,
unless the context otherwise requires. –
(a) “authorised person– means
any person authorised by the class of person referred to in column (2) of the
Table given in rule 3:
(b) “Information-Administrator– means the proper
officer specified by the Board for purposes of receipt of the information under
section 108A of the Customs Act, 1962 from the authorised person:
(c)
“Information Receiving Authority” means an authority referred to in column (4)
of the Table as given in rule 3 to receive the information from the class of
person referred to in column (2) of the said Table.
(2) Words and
expressions used herein and not defined in these rules but defined in the
Customs Act, 1962 (52 of 1962) shall have the meaning respectively assigned to
them in the Customs Act, 1962.
3. Information to be furnished. – The
information required to be furnished under subsection (1) of section 108A of
the Customs Act, 1962, shall be furnished electronically by a person mentioned
in column (2) of the Table below in respect of the all transactions of the
nature specified in the corresponding entry in column (3) of the Table, recorded
or received by him to the receiving authority mentioned in column (4) of the
said Table.
Table
| SI. No. |
Class of person |
Nature of transaction |
Receiving Authority |
| (1) |
(2) |
(3) |
(4) |
| 1 |
A Banking Company within the meaning of clause (a) of section 45A of
the Reserve Bank of India Act, 1934. |
Details of foreign exchange transactions made or received by any
person as per Annexure-1. |
Directorate of Revenue Intelligence. |
4. Format, periodicity and manner of furnishing information-
(a) The Information-Administrator may receive the information and may issue
necessary instructions relating to the day to day administration of furnishing
of the said information and the said Information Administrator may specify
mandatory or non-mandatory fields in the format, periodicity and manner of
furnishing information apart from the procedures. data structure and standards
for ensuring secure capture and transmission of data, evolving and implementing
appropriate security, archival and retrieval policies:
Provided that till such time the Information-Administrator specifies the
modalities for secure capture and transmission of data, the said information may
be furnished through a secure, electronic medium to the
Information-Administrator.
(b) The information referred to in rule 3 shall be verified and signed by the
authorised person.
[F. No.450/33/2017-C’us IV]
(Zubair Riaz)
Director (Customs)
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