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    <title>Procedure for disposal of un-claimed/un-cleared cargo Under section. 48 of the Customs Act, 1962, lying with the custodians</title>
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    <description>Custodians must list unclaimed/un-cleared cargo older than 30 days and update importer details; Customs will segregate shipments needing retention or regulatory clearances and sample-check 10%. Custodians issue 10 day notices to importers, prepare inventories within 20 days, and obtain Customs NOC before auction. Where required, custodians fund sample testing for regulatory agencies; consignments unfit for use must be destroyed at custodian expense. Valuation by approved valuers sets a reserve price and approved lots are sold by e auction under multi-stage bidding rules. Post-sale, a consolidated bill of entry is filed, Customs assesses duty within 15 days, and goods are released on payment.</description>
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    <pubDate>Mon, 22 Oct 2018 00:00:00 +0530</pubDate>
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      <description>Custodians must list unclaimed/un-cleared cargo older than 30 days and update importer details; Customs will segregate shipments needing retention or regulatory clearances and sample-check 10%. Custodians issue 10 day notices to importers, prepare inventories within 20 days, and obtain Customs NOC before auction. Where required, custodians fund sample testing for regulatory agencies; consignments unfit for use must be destroyed at custodian expense. Valuation by approved valuers sets a reserve price and approved lots are sold by e auction under multi-stage bidding rules. Post-sale, a consolidated bill of entry is filed, Customs assesses duty within 15 days, and goods are released on payment.</description>
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