Measure to facilitate trade during the lockdown period – section 143AA of the Customs Act, 1962

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....ed: 03.04.2020 PUBLIC NOTICE NO. 10/2020 Sub.: Measure to facilitate trade during the lockdown period - section 143AA of the Customs Act, 1962 - reg. Attention of the Importers, Exporters, Shipping Lines, Shipping Agents, Customs Brokers, Trade and Public is invited to the CBIC Circular No.17/2020 dated 03.04.2020 on the above subject. The said Circular can be viewed at www.cbic.gov.in. H....

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....ry period in terms of section 143AA of the Customs Act, 1962 with a view to expedite Customs clearance of goods and for maintaining balance between Customs control and facilitation of legitimate trade. 4. In this regard, Board has approved relaxation of the requirement to submit bonds prescribed under section 18, section 59 and section 143, and under notifications issued in terms of section 25 ....

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....tegories of the importers/exporters: a. Government/Public Sector Undertakings (Central/State/UT Govts. or Administrations and their undertakings) b. Manufacturer/Actual User importer c. Authorised Economic Operators d. Status holder e. All importers availing warehouse facility in terms of section 59 of the Customs Act, 1962 4.3 Each such relaxa....

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....'s instructions issued from time to time regarding such security in specific cases should be kept in view in this regard. vi. In case of warehoused goods, any subsequent movement of goods to another warehouse under section 67 of the Customs Act, 1962, shall be allowed only to manufacturer/actual user importer or AEO or Status holders. For requests related to change of ownership after ware....