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of <h1>India Issues Guidelines for Clearing Unclaimed Goods in FTWZs and SEZs Under Customs Act Section 48.</h1> The circular issued by the Ministry of Commerce and Industry, Government of India, provides guidelines for clearing unclaimed and abandoned goods stored in Free Trade and Warehousing Zones (FTWZs) and Special Economic Zones (SEZs). It references a previous communication dated February 21, 2018, and emphasizes that Section 48 of the Customs Act, 1962, along with the Customs Manual, will be applicable to SEZ units. The directive is addressed to all Development Commissioners of SEZs to ensure compliance with these guidelines.
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