Disposal of unclaimed goods: enforce online, time bound e auction procedures and mandatory pre auction NOCs for expedited sale. Disposal of unclaimed or uncleared goods is governed by Section 48 of the Customs Act, 1962 with special rules for perishables, hazardous goods and arms; procedural and apportionment rules are in Sections 48 and 150 and Chapter 20 of the Customs Manual. Customs must complete mandatory testing and issue unconditional 'All OK' NOCs before auctions. The CVC recommended online communications, strict timelines, open reserve prices, e-auctions, container/lot-wise records, early filing of Bill of Entry, duty determination at initial NOC, and prompt bid cancellations to expedite disposal and protect the exchequer.
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 goods: enforce online, time bound e auction procedures and mandatory pre auction NOCs for expedited sale.
Disposal of unclaimed or uncleared goods is governed by Section 48 of the Customs Act, 1962 with special rules for perishables, hazardous goods and arms; procedural and apportionment rules are in Sections 48 and 150 and Chapter 20 of the Customs Manual. Customs must complete mandatory testing and issue unconditional "All OK" NOCs before auctions. The CVC recommended online communications, strict timelines, open reserve prices, e-auctions, container/lot-wise records, early filing of Bill of Entry, duty determination at initial NOC, and prompt bid cancellations to expedite disposal and protect the exchequer.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.