https://www.taxtmi.com/acts?id=967 Persons selling or transferring specified goods within a specified area must, unless payment is received by cheque drawn by the purchaser, obtain the purchaser's signature and full postal address on the sale or transfer voucher and take other reasonable identity-verification steps prescribed by rules. If inquiry by a proper officer shows that the purchaser or transferee is not readily traceable or is fictitious, it is presumed, unless rebutted, that the goods were illegally exported and that the seller or transferor was concerned in that illegal export. A limited exception applies to petty sales within the prescribed monetary limits. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 15 Jun 2026 17:37:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=967 Persons selling or transferring specified goods within a specified area must, unless payment is received by cheque drawn by the purchaser, obtain the purchaser's signature and full postal address on the sale or transfer voucher and take other reasonable identity-verification steps prescribed by rules. If inquiry by a proper officer shows that the purchaser or transferee is not readily traceable or is fictitious, it is presumed, unless rebutted, that the goods were illegally exported and that the seller or transferor was concerned in that illegal export. A limited exception applies to petty sales within the prescribed monetary limits. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=967