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TMI BlogRevised Guidelines for disposal of confiscated GoodsX X X X Extracts X X X X X X X X Extracts X X X X ..... /3/64-LC.I dated 10.02.1964 in the matter of disposal of confiscated/seized goods. 2. Prior to February. 2015, preferential treatment was being given to DCCC/Kendriya Bhandar and other multi-state Cooperative Societies as per the instructions of Department of Personnel and Training (DoP&T) in purchase of stationery and other articles. Vide DoP&T's Office Memorandum No. 14/1/2009-Welfare dated 19.2.2015, the special dispensation available to these Cooperatives/organizations was discontinued w.e.f. 1.4.2015. 3. The Board had earlier received a number of requests from the trade for equitable and wider participation of cooperative societies which are duly registered with the State/Central Government authorities and not to make a particu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... should submit Income-Tax returns and VAT/ST returns showing their activities in sale of goods to the consumers and that appropriate taxes have been duly paid and relevant laws/rules and regulations are complied with. (b) Only those Co-operative Societies or' National/State level Cooperative Federations that are duly verified and certified as genuine, every year by an officer not below the rank of AC/DC, and those that have been duly registered under Multi-State Cooperative Societies Act, 2002 or concerned State Cooperatives Act, should be permitted to purchase the confiscated/seized goods. The genuineness of co-operative societies/federation may also be verified though concerned Commissionerates or other field formations of this dep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e followed. 5. Sale through e-auction/auction cum tender: Any lot of confiscated/seized goods of all types and confiscated/seized consumer goods whose value exceeds Rs. Five lakhs shall not be sold directly to the aforesaid cooperative Societies/Federation and shall be sold by e-auction or auction-cum-tender basis. In such e-auction or auction-cum-tender process, ail stakeholders/persons including NCCF/KB/other Central Government employees consumer cooperatives/Multi-State/State cooperatives or National/State level Cooperative Federations can also participate, subject to the fulfillment of conditions as Circulars No. 12/2006-Customs dated 20.2.2006 and 11/2012-Customs dated 12.4.2012. However, no discount/rebate shall be available to any o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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