Appointment of Custodian (Custom Cargo Service Provider) for import and export cargo of diamonds, precious and semi-precious stones and other similar items as may be specified from time to time until they are transshipped at PCCCC
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Custodian appointment for high value cargo imposes statutory custody, storage and duty liability obligations under customs regulations. M/s Bharat Diamond Bourse is appointed as the Custom Cargo Service Provider for specified high value import and export consignments at ACC Sahar under Section 45(1), Section 141(2) of the Customs Act, 1962 and Regulation 10 of HCCAR 2009; the custodian must comply with the Customs Act and HCCAR 2009, store goods in the designated strong room (50.62 sq. metres) at the Export Shed, and is liable to pay customs duty on pilfered or unaccounted imported goods under Section 45(3).
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Custodian appointment for high value cargo imposes statutory custody, storage and duty liability obligations under customs regulations.
M/s Bharat Diamond Bourse is appointed as the Custom Cargo Service Provider for specified high value import and export consignments at ACC Sahar under Section 45(1), Section 141(2) of the Customs Act, 1962 and Regulation 10 of HCCAR 2009; the custodian must comply with the Customs Act and HCCAR 2009, store goods in the designated strong room (50.62 sq. metres) at the Export Shed, and is liable to pay customs duty on pilfered or unaccounted imported goods under Section 45(3).
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