Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: form 3cd :: Central Excise rule to resale the machines to a new company :: TDS :: list of goods taxed at 4% :: empanelment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: VAT RATES :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARD :: articles on VAT and GST in India :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: ACCOUNTING STANDARDS
 
 
« Latest Circulars »
 RBI to conduct 7 day Variable Rate Reverse Repo Auction under LAF on July 24, 2017
 Results of Underwriting Auctions Conducted on July 20, 2017
 Master Circular – Detection and Impounding of Counterfeit Notes
 Monitoring of Foreign Investment under PIS in Indian Companies – M/s The Byke Hospitality Limited - 1. Increase in FIIs/FPIs Investment limit under Portfolio Investment Scheme from 24% to 40% Removal from the FIIs/ FPIs Caution List
 RBI's Monthly Bulletin for July 2017
 Financial Action Task Force (FATF) Public Statement dated June 23, 2017
 All-India House Price Index (HPI) recorded marginal increase in Q4:2016-17
 Auction of Government of India Dated Securities July 17, 2017
 RBI-Interest rates for Small Savings Schemes
 Priority Sector Lending – Status, Issues and Future Agenda (Shri S S Mundra, Deputy Governor - June 27, 2017 - at the ”Conference on Credit flow to Priority Sector – Policy and Implementation” held at College of Agricultural Banking, Pune1)
 Audit Committee of the Board of Directors – Nomination of Non-Executive Chairman

Customs Board's Instructions - F. No.450/97/2010-Cus.IV
August, 21st 2010

Instructions

F. No.450/97/2010-Cus.IV

Government of India

Ministry of Finance

Department of Revenue

Central Board of Excise & Customs

 

159A, North Block,

New Delhi-110001.      

22nd July, 2010.

To

 

All Chief Commissioners of Customs / Customs (Prev).

All Commissioners of Customs (Port).

All Commissioners of Customs (Airport).

All Commissioners of Customs & Central Excise.

 

Subject: Measures for expeditious disposal of unclaimed / uncleared goods instructions regarding

***

Sir / Madam,

 

            Reference is invited to the Boards Circulars No.50/2005-Customs dated 1.12.2005, No.52/2005-Customs dated 9.12.2005, No.11/2006-Customs dated 16.2.2006 and No.12/2006-Customs dated 20.2.2006 on expeditious disposal of the backlog of accumulated unclaimed / uncleared cargo under Section 48 of the Customs Act, 1962 and ensuring that no delays in disposal of such cargo takes place in future.  The Board has also laid down the procedure for disposal of goods through e-auction / tender conducted under instruction F.No.442/12/2004-Cus.IV(Pt.II) dated 6.10.2005 and for disposal of hazardous waste in terms of Circular No.31/2004-Customs dated 26.4.2004 pursuant to the instructions given by the Honble Supreme Court. 

 

2.         In this context, attention is also invited to Regulation 6(1)(m) of the Handling of Cargo in Customs Areas Regulations, 2009 which stipulates that the Customs Cargo Service Provider (CCSP) shall dispose off in the manner specified and within a time limit of ninety days, the imported or export goods lying unclaimed, uncleared or abandoned provided that the period of ninety days are extended by the Commissioner of Customs by such further period as may be  allowed, on sufficient cause being shown for delay in the disposal. 

 

3.         However, it has come to the notice of the Board that its instructions are not being followed strictly by the Customs field formations and large quantities of goods including hazardous goods are still pending disposal at various customs stations.  In this regard, whereas primary responsibility of disposal of unclaimed / uncleared goods rests with custodian appointed under the provisions of  Section 45 of the Customs Act, 1962 read with Handling of Cargo in Customs Areas Regulations, 2009, substantial revenue gets blocked if disposal does not take place in time.  Also, such uncleared / unclaimed goods pose a serious safety and security threat, at times and may lead to untoward incidents such as the recent incident of leakage of Chlorine gas at Mumbai port. 

 

4.         The Board has taken a serious note of this situation and directs that each Customs formation will constitute a Task Force for a one-time comprehensive review of the list of all consignments indicated as uncleared / unclaimed by the respective custodians and match the same with the Customs records.  This should be followed by regular periodic meetings with the custodians to update the status of pending consignments.  Further, in cases where consignments are indicated as being detained by Customs, all pending actions such as investigation, adjudication and related court proceedings should be taken up for completion without delay. Needless to state, it will be the responsibility of the Commissioners to ensure the expeditious disposal of unclaimed / uncleared cargo on regular basis.  It is expected that with renewed emphasis on this important item of work appreciable progress will be made. 

 

5.         The progress made in disposal along with age-wise break up of pending unclaimed / uncleared cargo that is ripe for disposal as on 31.12.2010 may be sent to the Board by 10.1.2011. 

Yours faithfully,

( R. P. Singh )

Director (Customs)

Internal circulation as usual.

 


 

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions