Customs (Verification of Identity and Compliance) Regulations, 2021 - 41/2021 - Customs - Non Tariff

Verification of identity requires document, Aadhaar and PAN checks with potential suspension of customs benefits pending compliance.

These Regulations require selected importers, exporters and customs brokers to submit incorporation and identity documents, authorised signatory proof, PAN, GSTIN and financial evidence on the Common Portal and to undergo Aadhaar authentication and PAN verification. Proper officers must conduct physical verification of the principal place of business and assess financial standing, prepare verification reports on the Customs Automated System within prescribed time limits, and the Commissioner must determine and notify the verification outcome. Non-compliance can result in suspension or denial of customs benefits, restoration upon compliance, appeal to the Tribunal, and a penalty up to fifty thousand rupees.