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of <h1>Government issues guidelines for appointing private custodians of Export Processing Zones under Section 45 Customs Act</h1> The Government of India issued guidelines for appointing custodians of Export Processing Zones (EPZs), Inland Container Depots (ICDs), and Container Freight Stations (CFSs) to involve private sector in infrastructure development and bring customs facilities closer to trading communities. The circular establishes standard undertakings required from custodians before appointment under Section 45 of the Customs Act. Key requirements include providing secure premises with minimum 10 TEU daily capacity, modern handling equipment, insurance coverage for stored goods, execution of bonds with bank guarantees, bearing security costs and customs staff expenses, providing office space and residential accommodation for customs officers, and maintaining sanitary facilities. Custodians must obtain prior approval for alterations, subletting arrangements, and remain liable for duties on lost goods. Initial appointments are for five years, subject to performance review and potential termination by the Commissioner of Customs.
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