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    <description>Regulation 8 requires an applicant for registration as an Authorised Courier to satisfy the Principal Commissioner or Commissioner of Customs of financial viability. The applicant must produce a scheduled-bank certificate or other accepted proof showing assets of at least twenty-five lakh rupees. Clearance declarations for imported or export goods must be made by persons who have passed the prescribed examination under the applicable Custom House Agents Licensing Regulations, subject to a six-month transition period for an Authorised Courier to meet that requirement.</description>
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