Procedure for disposal of un-claimed/un-cleared cargo under section 48 of the Customs Act, 1962, lying with the custodians
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Un claimed import cargo disposal under Section 48: prescribed notice, NOC, valuation and e auction process with duty assessment.
Administrative procedure under Section 48 prescribes custodians to list un claimed/un cleared import cargo over 30 days and notify Customs; Customs will segregate consignments requiring retention and issue NOCs within set timelines. Custodians must issue Section 48 notices to importers, prepare inventories, obtain regulatory clearances or testing where required, appoint approved valuers to fix reserve prices, and conduct e auctions through MSTC with specified bid acceptance and repeated auction rules. Successful sales require consolidated bills of entry, Customs assessment within 15 days, and disbursement of proceeds under Section 150.