Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
Disposal of Export goods brought into Customs area but neither exported nor taken back to town. - The Trade Notice issued by the Commissioner of Customs (General) outlines procedures for the disposal of uncleared export cargo brought into the Customs area but not exported or taken back to town. It aims to free up storage space and containers by facilitating the auction of such goods. The notice provides a detailed procedure for custodians to follow, including preparing lists of eligible cargo, sending auction notices, examining goods, obtaining necessary approvals, valuing goods, conducting E-auctions, and sharing sale proceeds. The process must be completed by June 30, 2024.
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