TaxTMI 
TaxTMI 
Making the following regulation to amend the Courier Imports and Exports (Clearance) Regulations, 1998
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....ise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations further to amend the Courier Imports and Exports (Clearance) Regulations, 1998, namely:- 1. (1) These regulations may be called the Courier Imports and Exports (Clearance) Amendment Regulations, 2010. (2) They shall come into force o....
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....following shall be inserted, namely:- "(vi) goods having a declared value of more than one lakh rupees." 3. In regulation 6 of said regulations, in sub-regulation (3), after the words "Authorized Courier", the words "or his agent who has passed the examination referred to in regulation 8 or regulation 19 of the Customs House Agents Licensing Regulations, 2004" shall be inserted; 4. ....
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....ion 11 of the said regulations, for the words "two lakh" the words "ten lakh", and for the words "one lakh" the words "five lakh" shall be substituted. 6. In regulation 13 of said regulations, - (i) in clause (a), the following proviso shall be inserted, namely:- "provided that for import consignments having a declared value of ten thousand rupees or less, the authorization ma....
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.... reliable, independent, authentic documents, data or information; (j) not sub-contract or outsource functions permitted or required to be carried out by him in terms of these regulations to any other person, without the written permission of the Commissioner of Customs." [F. No. 450/77/2010-Cus.IV] (Navraj Goyal) Under Secretary to the Government of India [Note: The prin....