Section Text
1[(1)] Where the proper officer is satisfied that
any goods entered for home consumption are not prohibited goods and the importer has paid the import
duty, if any, assessed thereon and any charges payable under this Act in respect of the same, the proper
officer may make an order permitting clearance of the goods for home consumption:
2[
3[Provided that such order may also be made electronically through the customs automated system
system on the basis or risk evaluation through appropriate selection criteria:
Provided further that the Central Government may, by notification in the Official Gazette, permit
certain class of importers to make deferred payment of said duty or any charges in such manner as may be
provided by rules.]
4[(2)
5[The importer shall pay the import duty--
(a) on the date of presentation of the bill of entry in the case of self assessment; or
(b) within one day (excluding holidays) from the date on which the bill of entry is returned to him
by the proper officer for payment of duty in the case of assessment, reassessment or provisional
assessment; or
(c) in the case of deferred payment under the proviso to sub-section (1), from such due date as
may be specified by rules made in this behalf,
and if he fails to pay the duty within the time so specified, he shall pay interest on the duty not paid or
short-paid till the date of its payment, at such rate, not less than ten per cent. but not exceeding thirty-six
per cent. per annum, as may be fixed by the Central Government, by notification in the Official Gazette.]
6[Provided that the Central Government may, by notification in the Official Gazette, specify the class
or classes of importers who shall pay such duty electronically:
Provided further that where the bill of entry is returned for payment of duty before the
commencement of the Customs (Amendment) Act, 1991 (55 of 1991) and the importer has not paid such
duty before such commencement, the date of return of such bill of entry to him shall be deemed to be the
date of such commencement for the purpose of this section:]
7[8[Provided also that if the Board is satisfied that it is necessary in the public interest so to do, it
may, by order for reasons to be recorded, waive the whole or part of any interest payable under this
section.]
1. Section 47 renumbered as sub-section (1) thereof by Act 55 of 1991, s. 3, (w.e.f. 23-12-1991).
2. Ins. by Act 28 of 2016, s. 121 (w.e.f. 14-5-2016).
3. Subs. by Act 13 of 2018, s. 77, for "Provided that" (w.e.f. 28-3-2018).
4. Ins. by Act 55 of 1991, s. 3 (w.e.f. 23-12-1991).
5. Subs. by Act 7 of 2017, s. 101, for certain words, brackets, letters and figure (w.e.f. 31-3-2017). Earlier certain words,
brackets, letters and figure were substituted by Act 28 of 2016, s. 121 (w.e.f. 14-5-2016).
6. Subs. by Act 23 of 2012, s. 124, for "Provided that" (w.e.f. 28-5-2012).
7. Ins. by Act 22 of 1995, s. 59 (w.e.f. 26-5-1995).
8. Subs. by Act 23 of 2012, s. 124, for "Provided further that" (w.e.f. 28-5-2012).