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of <h1>Customs Act, 1962: Unclaimed Cargo Disposal Process Includes Auctions, Hazardous Waste Management, and Regular Custodian Meetings.</h1> The Customs Manual outlines procedures for disposing of unclaimed or uncleared cargo under the Customs Act, 1962. Goods not cleared within 30 days can be sold by the custodian after notifying the importer and obtaining Customs approval. The sale process involves public auctions, with a reserve price set by government-approved valuers. Hazardous waste disposal follows Supreme Court directives, requiring re-export or destruction for banned materials and regulated recycling for others. Goods subject to legal restrictions are disposed of according to relevant laws. Regular meetings between custodians and Customs ensure coordination and status updates on pending consignments.
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