Standard set of guidelines for appointment of custodian of Sea Ports and Air Cargo Complexes

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....pointment of custodians of EPZs/ICDs/CFSs, but no guidelines have been prescribed for appointment of custodians of ports and Aircargo Complexes. Absence of guidelines for appointment of custodians of ports and Aircargo Complexes results in disparity in practice at field level. 2. To ensure smooth working of ports and Aircargo Complexes, a need was felt to draw up a standard set of undertakings to be given by the custodians before they are so appointed under section 45 of the Customs Act, 1962. In this connection, it may be noted that ports or Aircargo Complexes are functionally similar to ICDs/CFSs and therefore, the guidelines prescribed vide the said Circular for appointment of custodians of EPZs/ICDs/CFSs with minor modification can be ....

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....he Sea Port and Air Cargo Complexes shall be made by the custodian; (5) The custodian shall abide by all the rules and regulations under the Customs Act; (6) For the proper discharge of duties the custodian shall execute a bond equal to the value of the goods likely to be stored in the premises for a period of 30 days, supported by a bank guarantee or a Government bond or cash deposit equivalent to 10% of the value of goods. However, all Central Government and State Government Undertakings shall be exempt from the requirement of furnishing bank guarantee or cash deposit; (7) The custodian shall bear the duty on the goods lost or pilfered from the Sea Ports and Air Cargo Complexes; (8) The custodian shall give separate bond with bank gua....