Regulation 5 - Conditions to be fulfilled by the applicants - Customs Brokers Licensing Regulations, 2018

5. Conditions to be fulfilled by the applicants. -(1) The applicant for a license to act as a Customs Broker in a Customs Station, shall before applying to the Principal Commissioner of Customs or Commissioner of Customs, meet the following conditions that: - (a) he is a citizen of India; (b) he is a person of sound mind; (c) he is not adjudicated as insolvent; (d) he holds an Aadhaarnumber; (e) he holds a valid PAN card; (f) he has not been penalised for any offence under the Act, the Central Excise Act, 1944 (1 of 1944) , the Finance Act, 1994(32 of 1994), the Central Goods and Services Act, 2017 (12 of 2017) and Integrated Goods and Services Tax Act, 2017 (13 of 2017); (g) he has neither been convicted by a competent court for an offence nor any criminal proceeding is pending against him in any court of law; (h) an individual applicant or in case the applicant is a firm, its partner or in the case of a company, its director or an authorised employee who may handle the Customs work shall- (i) be a graduate from a recognized University; and (ii) possess a professional degree such as Masters or equivalent degree in Accounting, Finance or Management, CA/CS/MBA/LLM/ACMA/FCMA or Diploma in Customs Clearance work from any Institutes or University recognised by the Government oris having at least two years experience in transacting Customs Broker work as G-Card holder; (i) the applicant has financial viability as evidenced by a certificate issued by a Scheduled Bank or such other proof acceptable to the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, in terms of possession of assets of value of not less than five lakhs rupees. (2) A retired Group A officer from the Indian Revenue Service(Customs and Central Excise)having a minimum of five years experience in Group A post shall also be eligible to apply for a license to act as a Customs Broker provided he satisfies the conditions specified at (a), (b), (c), (d), (e), (f), (g) and (i)of sub-regulation (1) above. (3) The Principal Commissioner or Commissioner of Customs, as the case may be, may for the purpose of this regulation, make such enquiries to verify the eligibility of the applicant as he may deem fit before forwarding the application to Directorate General of Performance Management.