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of <h1>Finance Ministry Amends Courier Imports/Exports Regulations: New Rules on Surrender and Validity of Registration Introduced.</h1> The Ministry of Finance, through the Central Board of Indirect Taxes and Customs, has issued amendments to the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010. Key changes include the omission of certain sub-regulations in regulation 10 and the introduction of new regulations 10A and 10B. Regulation 10A allows Authorized Couriers to surrender their registration, while regulation 10B addresses the validity of registration, deeming it invalid after one year of inactivity. Couriers can apply for renewal within 90 days of invalidation by submitting Form K and a fee, provided they meet specified conditions.
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