Licence duration and renewal: fixed term with renewal conditioned on performance, timely clearance, and compliance. The amendment fixes a licence under the Customs House Agents Licensing Regulations at a five-year validity and allows the Collector of Customs to renew it for further five-year periods upon timely application. Renewal is subject to a satisfactory performance assessment focusing on cargo quantity or value conforming to Collector-prescribed norms, absence of delays in clearance or duty payment attributable to the licencee, and absence of misconduct or non-compliance with obligations in regulation 14.
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Licence duration and renewal: fixed term with renewal conditioned on performance, timely clearance, and compliance.
The amendment fixes a licence under the Customs House Agents Licensing Regulations at a five-year validity and allows the Collector of Customs to renew it for further five-year periods upon timely application. Renewal is subject to a satisfactory performance assessment focusing on cargo quantity or value conforming to Collector-prescribed norms, absence of delays in clearance or duty payment attributable to the licencee, and absence of misconduct or non-compliance with obligations in regulation 14.
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