Measures for promoting cost efficiency of imports by Indian Trade and Industry - Customs - PUBLIC NOTICE NO. 01/2013

OFFICE OF THE COMMISSIONER OF CUSTOMS, NCH, PANAMBUR, MANGALORE 10 S-49/12/2012 EDI Date: 08.01.2013 PUBLIC NOTICE NO. 01/2013 Subject Measures for promoting cost efficiency of imports by Indian Trade and Industry-regarding. Attention of all stake holders is invited to Section 49 of Customs Act, 1962 provides facility of storing goods in warehouses pending clearance in case where goods cannot be cleared within a reasonable time. Moreover, even presently an importer may de-stuff and release a foreign container immediately on arrival in the CFS / ICD. Generally this option is not utilized by importers who have preferences to clear goods at their premises as well as to avoid additional handling charges incurred on account of de-stuffing of the containers. It is also possible that some importers may not be aware of this option. 2. In the aforesaid circumstances, Board reiterates that importers have the option to avail of the facility under Section 49 of the Customs Act, 1962. Further, importer may exercise the option to de-stuff goods from foreign containers and keep the same in the CFS / ICD including in empty domestic containers therein, under Customs supervision, for subsequent clearance as per law. 3. This is issued as per Board s instructions in F. No. 450/95/2012 Cus. IV dated 20.11.2012. Sd/- (D. PURUSHOTHAM) COMMISSIONER