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of <h1>Finance Ministry Amends Courier Regulations: New Rules on Registration Surrender, Validity, and Renewal Process Introduced.</h1> The Ministry of Finance, through the Central Board of Indirect Taxes and Customs, has amended the Courier Imports and Exports (Clearance) Regulations, 1998, effective from the date of publication in the Official Gazette. The amendments include the removal of sub-regulations (2) and (3) from regulation 10 and the introduction of new regulations 10A and 10B. Regulation 10A allows an Authorized Courier to surrender their registration, while regulation 10B addresses the validity of registration, deeming it invalid if inactive for a year. A new Form A1 has been introduced for renewal applications of deemed invalidated registrations.
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