Customs House Agents Licensing (Second Amendment) Regulations, 1994 - 12/94 - Customs - Non Tariff

Customs House Agents Licensing (Second Amendment) Regulations, 1994 Notification No. 12/94-Cus. (N.T.) Dated 24-3-1994 In exercise of the powers conferred by sub-section (2) of section 146 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise and Customs hereby makes the following regulations further to amend the Customs House Agents Licensing Regulations, 1984, hereinafter referred to as the said regulations, namely :- 1.(1) These regulations may be called the Customs House Agents Licensing (Second Amendment) Regulations, 1994. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In regulation 12 of the regulations, sub-regulations (1) and (2) shall, respectively, be substituted by the following sub-regulations, namely :- "(1) A licence granted under regulation 10 shall be valid for a period of five years. (2) On an application made in this behalf to the Collector of Customs before the expiry of the validity of the licence granted under regulation 10, the Collector of Customs may renew the same from time to time, for a further period of five years if the performance of the licencee is found to be satisfactory with reference, inter alia, to the following :- (a) quantity or value of cargo cleared by such licencee conforming to norms as may be prescribed by the Collector; (b) absence of instance of delay either in the clearance of goods or in the payment of duty for any reason attributable to such licencee and any complaints of misconduct including non-compliance of any of the obligations specified in regulation 14."