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of <h1>Regulations 2010: Electronic Customs Declarations for Couriers, Mandatory KYC, and Enhanced Security for Authorized Couriers.</h1> The circular outlines the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010, enabling electronic filing of customs declarations for courier consignments. Key features include mandatory declarations by licensed agents, Know Your Customer (KYC) norms for couriers, and enhanced security and net worth requirements for Authorized Couriers. New forms for customs declarations and specific requirements for Import-Export Code (IEC) numbers are introduced. The circular also addresses manual mode regulations, emphasizing authorization procedures, sub-letting restrictions, and sample testing protocols. It clarifies the transition to electronic processing and the eligibility of existing couriers to operate under both modes.
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