Disposal of unclaimed cargo: statutory notice, NOC and regulatory clearances, valuation and e-auction leading to release on payment. Custodians must list uncleared imports over thirty days, notify importers under Section 48, prepare inventories, obtain Customs NOC and any regulatory clearances or testing, value lots through approved valuers, and conduct e-auctions with Customs oversight; post-auction duties are assessed and goods released on payment, with sale proceeds disbursed under Section 150 and provisions for destruction where consignments are unfit.
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.
Disposal of unclaimed cargo: statutory notice, NOC and regulatory clearances, valuation and e-auction leading to release on payment.
Custodians must list uncleared imports over thirty days, notify importers under Section 48, prepare inventories, obtain Customs NOC and any regulatory clearances or testing, value lots through approved valuers, and conduct e-auctions with Customs oversight; post-auction duties are assessed and goods released on payment, with sale proceeds disbursed under Section 150 and provisions for destruction where consignments are unfit.
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