A. P. Moller – Maersk reports strong results for 2022

COPENHAGEN: The Year 2022 was an exceptionally strong year for Maersk. The unprecedented financial results were driven by solid performance across all businesses during the abnormal market conditions in the first part of the year. As congestions eased and declining consumer demand led to a significant destockinginallsegments,theexpectednormalizationofthe Oceanmarketkickedinduringthefinalstretchofyear.

2022 was remarkable in more than one way. While we report the best financial result in the history of the company, we have also taken the partnerships with our customerstoanewlevelbysupportingtheirsupplychains endtoendduringhighlydisruptivetimes.

Cont’d. Pg. 6

Global Container Port Congestion to decline through 2023

LONDON: Pre-berth waiting times showed clear signs of improvement towards the end of 2022 despite, increasing disruption due to transport sector strikes, and thistrendisexpectedtocontinuethrough2023.

After more than two years of widespread port congestion,wearebeginningtoseesignsofimprovement, according to the latest findings from Drewry’s Ports and TerminalsInsight.

Cont’d. Pg. 5

OFFICE OF THE PR COMMISSIONER OF CUSTOMS, (NS-I)

APPRAISING MAIN (IMPORT) APPRAISING (IMPORT) APPRAISING MAIN (IMPORT) APPRAISING (IMPORT) APPRAISING (IMPORT) JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA SHEVA. CUSTOM HOUSE, NHAVA TAL-URAN, DIST - RAIGAD, MAHARAHTRA - 400707.

F. No.CUS/APR/MISC-6089/2022-AM(Z)

DIN No 20230278NW0000722869

PUBLIC NOTICE NO. 11/2023

Dated : 06-02-2023

Sub. : Waiver of Late fees on account of updation of changes vide Budget 2023-24 reg.

Attention of all Importers/Exporters, Custom Brokers, CFSs, Custodians, General Trade, Partner Government Agencies (PGAs), all other stakeholders and all taxpayers is invited to Budget 2022-23 presented on 1st February 2023. As per the ICES Advisory No. 01/2023 dated 30.01.2023, the System was available only after suitable updation to be made in ICES according to budgetary changes. It is observed that some importers could not file the advance Bills of Entry for the consignments in the vessels granted entry inwards on 01.02.2023 due to the shutdown of services of ICEGATE for the purpose of budget updation in ICES.

2. In view of the above, "late fees" imposable in terms of Bill of Entry (Electronic Integration Declaration and Paperless Processing) Regulations, 2018 vide Notification No.36/2018-Customs (N.T.) dated 11.05.2018 is hereby waived off in respect of Bills of Entry, filed belatedly, pertaining to entry inwards on 02.02.2023. One Day late fee waiver for the advance Bills of Entry to be filed latest by 01.02.2023 is hereby allowed. The ICES has been restored after updation and services for filing of Bills of Entry on ICEGATE were enabled fully on 02.02.2023.

3. Difficulty, if any, faced in the implementation of this public notice may be brought to the notice of the Addl. Commissioner of Customs (Appraising Main (Import), JNCH through email at appraisingmain.jnch@gov.in.

4. This Public Notice should be considered as a Standing Order for the purpose of the Officers and Staff of the department. Sd/-