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Revised Guidelines for disposal of confiscated Goods

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..... e field formations vide Board's letters F. No. 53-cus. (AS) dated 27.5.1993, F. No. 30/33/67-LC.I dated 19.1.68 and F.No.30/3/64-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 equit .....

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..... ve Societies/State Consumer Cooperatives, at a uniform rebate/discount of 10%. subject to the following conditions:- (a) They should be functional for at least 10 preceding years and 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, .....

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..... ined in these Circulars are concerned. Rest of the instructions/guidelinesr, contained in these earlier Circulars, which are prevalent as on date and are not getting modified/affected by way of the Circular No. 39/2016 - Cus Dated 26.0812016, shall continue to be 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-Sta .....

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..... this procedure are already available in MSTC website, which specifically hosts e-auctions for Customs and Central Excise department regularly. It is hereby reiterated that E-auction or auction-cum-tender prescribed vide Board'\s Circular No. 50/2005 Customs dated 1.12.2005 and reiterated in Circulars No. 12/2006-Customs dated 20.2.2006 and 11/2012-Customs dated 12.4.2012, may continue to be utilized in respect of confiscated/seized goods. Difficulties, if any, in implementation of the instructions may be brought to notice of this Office. ASHOK COMMISSIONER - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagemen .....

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