Newsletter/Booklets 1st Feb 2025

Budget Buzz – Voluntary Revision of Customs Entries Post Clearance: Simplifying Compliance

Authors

Rohit JainDeputy Managing Partner | Mumbai
Adarsh SomaniPartner | Mumbai
Darshan BoraPartner | Bengaluru
Mohammad Asif MansooryDirector | Mumbai

Latest Thought Leadership

Investment Funds
Alerts & Updates 7th Jul 2026

Handling of Client’s Unpaid Securities by Trading Members Clearing Members

Read More
Investment Funds
Alerts & Updates 7th Jul 2026

Regulation of IPOs by SEBI and IFSCA – A Comparison

Read More
Newsletter/Booklets 7th Jul 2026

Market Matters – The Antitrust Brief – June 2026

Read More
Investment Funds
Alerts & Updates 3rd Jul 2026

SEBI proposes to replace “associate” with “related party” for identifying conflicted transactions in the AIF Regulations

Read More

The Union Budget 2025 proposes a significant amendment to the Customs Act, 1962, with the insertion of Section 18A. This new provision empowers importers and exporters to voluntarily revise their customs entries (bills of entry or shipping bills) post-clearance.

Read our Budget Buzz on this

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.