https://www.taxtmi.com/circulars?id=1012 The circular creates a Fast Track Clearance scheme for specified ports and importers, requiring prior registration, maintenance of a personal deposit balance and an undertaking by the importer. Bills of Entry under the scheme are specially marked and processed by a dedicated Fast Track Section permitting self-assessment and immediate payment; an appraiser issues "out of charge" without contemporaneous classification or valuation scrutiny. A Special Group conducts post-clearance audits and checks within a short timeframe, with powers to recover duties, initiate penal action, order examinations and suspend scheme benefits for violations. en-us Fri, 21 Nov 1997 00:00:00 +0530 Mon, 18 Aug 2025 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1012 The circular creates a Fast Track Clearance scheme for specified ports and importers, requiring prior registration, maintenance of a personal deposit balance and an undertaking by the importer. Bills of Entry under the scheme are specially marked and processed by a dedicated Fast Track Section permitting self-assessment and immediate payment; an appraiser issues "out of charge" without contemporaneous classification or valuation scrutiny. A Special Group conducts post-clearance audits and checks within a short timeframe, with powers to recover duties, initiate penal action, order examinations and suspend scheme benefits for violations. Circulars Customs Fri, 21 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1012