know your customer (KYC) norms m/r

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....nvited to board's circular no, 07/2015-CUS dated 12.02.2015, 13/2016-CUS dated 26.04.2015 & 2/2018-customs issued vide F. NO. 450/178/2015-CUS dated 12.1.2018. 2. in line with the KYC norms stipulated by the reserve Bank of India. Board had decided that two documents, one for proof of identity and other for proof of address are required for KYC verification. However, in case of individuals, if an....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....g with recording of address of the place where such consignments would he delivered to the consignee by the authorized courier companies would suffice for KYC verification [circular no. 13/2016-cutoms dated 26.04.2016 refers]. In order to bring in more clarity. In this regard, board has decided that in case of import of export through courier by an individual, either aadhaar card or passport or PA....