Appointment of CFS custodian: LCL Logistix must provide bond, bank guarantee and comply with customs regulations. M/s. LCL Logistix (India) Pvt. Ltd. is appointed custodian of containers and related cargo at its Haldia CFS under Section 45(1) of the Customs Act, 1962, with the CFS declared a Customs Area. The appointment requires a Rs. 12.48 crore bond with surety and a Rs. 1.25 crore bank guarantee, compliance with Section 45(2) and Handling of Cargo in Customs Areas Regulations, 2009, insurance and liability for goods, provision of security and facilities for Customs staff, responsibility for transit and recordkeeping, and subjects the custodian to review, termination for cause, and procedural obligations including sale of unclaimed goods after Customs NOC.
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Appointment of CFS custodian: LCL Logistix must provide bond, bank guarantee and comply with customs regulations.
M/s. LCL Logistix (India) Pvt. Ltd. is appointed custodian of containers and related cargo at its Haldia CFS under Section 45(1) of the Customs Act, 1962, with the CFS declared a Customs Area. The appointment requires a Rs. 12.48 crore bond with surety and a Rs. 1.25 crore bank guarantee, compliance with Section 45(2) and Handling of Cargo in Customs Areas Regulations, 2009, insurance and liability for goods, provision of security and facilities for Customs staff, responsibility for transit and recordkeeping, and subjects the custodian to review, termination for cause, and procedural obligations including sale of unclaimed goods after Customs NOC.
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