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of <h1>Procedures for Disposing Unclaimed Cargo at Mundra Port under Customs Act, 1962: Notices, Valuation, and E-Auction Explained.</h1> The circular outlines the procedures for disposing of unclaimed, uncleared, and confiscated cargo at Mundra Port under the Customs Act, 1962. It mandates issuing notices to consignees/importers for cargo not cleared within specified timeframes, leading to possible e-auction if unclaimed. The process involves detailed inventory checks, valuation by approved valuers, and compliance with compulsory requirements. For prohibited or confiscated cargo, the Disposal Section oversees valuation and auction processes. The entire procedure is documented and updated in the UCC software, ensuring transparency and compliance with legal and departmental guidelines.
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