<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Procedure for sale of unclaimed/uncleared goods</title>
    <link>https://www.taxtmi.com/manuals?id=2223</link>
    <description>Custodians must list unclaimed imported cargo and notify jurisdictional Customs to determine suitability for public auction; Customs will segregate consignments to be retained, identify regulatory or testing requirements, and issue NOC for lots that do not need external clearances. Custodians must prepare inventories (with Customs verification of a sample), obtain required regulatory clearances or test results before auction, secure valuation from approved valuers to set the reserve price, and conduct timed e-auctions; successful bidders require consolidated bill of entry filing and Customs assessment prior to release, with sale proceeds disbursed under the statutory proceeds framework.</description>
    <language>en-us</language>
    <pubDate>Sun, 05 Mar 2023 13:11:00 +0530</pubDate>
    <lastBuildDate>Tue, 07 Mar 2023 12:00:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=706634" rel="self" type="application/rss+xml"/>
    <item>
      <title>Procedure for sale of unclaimed/uncleared goods</title>
      <link>https://www.taxtmi.com/manuals?id=2223</link>
      <description>Custodians must list unclaimed imported cargo and notify jurisdictional Customs to determine suitability for public auction; Customs will segregate consignments to be retained, identify regulatory or testing requirements, and issue NOC for lots that do not need external clearances. Custodians must prepare inventories (with Customs verification of a sample), obtain required regulatory clearances or test results before auction, secure valuation from approved valuers to set the reserve price, and conduct timed e-auctions; successful bidders require consolidated bill of entry filing and Customs assessment prior to release, with sale proceeds disbursed under the statutory proceeds framework.</description>
      <category>Manuals</category>
      <law>Customs</law>
      <pubDate>Sun, 05 Mar 2023 13:11:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/manuals?id=2223</guid>
    </item>
  </channel>
</rss>