Disposal of unclaimed cargo requires custodian NOC, valuation and auction processes with prescribed customs clearance checks. Custodians must obtain a Group-issued NOC after verifying no agency hold and prepare duplicate files with specified consignment particulars; upon NOC they must submit the original file with detailed inventory, valuation and examination reports to the Disposal Section. The Disposal Section allocates file numbers, cross-checks holds, approves reserve prices and bids, and maintains a register. Valuation, reserve-price fixation, selection for detailed inventory and auction procedures follow the Board circulars and public notices, and stipulated timeframes apply for file returns, auction intimation and bid approval.
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Disposal of unclaimed cargo requires custodian NOC, valuation and auction processes with prescribed customs clearance checks.
Custodians must obtain a Group-issued NOC after verifying no agency hold and prepare duplicate files with specified consignment particulars; upon NOC they must submit the original file with detailed inventory, valuation and examination reports to the Disposal Section. The Disposal Section allocates file numbers, cross-checks holds, approves reserve prices and bids, and maintains a register. Valuation, reserve-price fixation, selection for detailed inventory and auction procedures follow the Board circulars and public notices, and stipulated timeframes apply for file returns, auction intimation and bid approval.
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