Validity of licence - CBEC's Customs Manual 2023 - Customs

5. Validity of licence: 5.1 The licence granted under Regulation 7 shall be valid for a period of 10 years from the date of issue and shall be renewed from time to time if the performance of the licensee is found to be satisfactory with reference, inter alia, to the obligation specified for Customs in CBLR 2018 including absence of instance of any complaints of misconduct. The license can be renewed for a further period of 10 years by Principal Commissioner or Commissioner of Customs on payment of a fee of Rs.15,000/-. In case, the Customs Broker fails to submit the application for renewal before the expiry of the validity of the license, the Principal Commissioner or Commissioner of Customs may after satisfying himself to the genuineness of the reasons of delay, renew the license upon payment of two thousand rupees as late fee by the Customs broker in addition to the fee for renewal within one month of the date of receipt of application. However, a licence granted to a Customs Broker, authorised under the Authorised Economic Operator Programme vide Circular No. 28/2012-Cus., dated 16-11-2012, shall not require renewal till such time the said authorisation is valid.