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Notification No. 03/2023 dated 11th January 2023 has been issued notifying the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (hereafter referred as CAVR, 2023). It takes effect from 11.1.2023. It relates to the specification of additional obligations of the importer in respect of a class of imported goods whose value is not being declared correctly, the criteria of selection of such goods, and the checks in respect of such goods.
The Ministry of Environment, Forest and Climate Change has notified the E-Waste (Management) Rules, 2022 and these shall come in to force from 01.04.2023. New rules have introduced the concept of a modified Extended Producer Responsibility (EPR) and focus completely on a market based model and for procedures to be online and seamless. Port and Custom Authorities have to take necessary action inter-alia to verify the import or export with respect to Extended Producer Responsibility. The duties and responsibilities of Port and Customs are prescribed in Schedule-V of the said rules.
The revised RoDTEP Appendix 4R containing the eligible RoDTEP export items, rates and per unit value caps, is available at the DGFT portal www.dgft.gov.in under the link ‘Regulatory Updates >RoDTEP’.
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