Measure to facilitate trade during the lockdown period - section 143AA of the Customs Act, 1962

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..... l, 2020 To, All Principal Chief Commissioners/ Chief Commissioners of Customs/ Customs (Preventive), All Principal Chief Commissioners/ Chief Commissioners of Customs Central Tax, All Principal Commissioners/ Commissioners of Customs/ Customs (Preventive), All Principal Commissioners/ Commissioners of Customs Central Tax Sub.: Measure to facilitate trade during the lockdown pe .....

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..... section 143AA of the Customs Act, 1962 with a view to expedite Customs clearance of goods and for maintaining balance between Customs control and facilitation of legitimate trade. 3. In this regard, Board has approved relaxation of the requirement to submit bonds prescribed under section 18 , section 59 and section 143 , and under notifications issued in terms of section 25 of the Cu .....

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..... : a. Government/Public Sector Undertakings (Central/State/UT Govts. or Administrations and their undertakings) b. Manufacturer/Actual User importer c. Authorised Economic Operators d. Status holder e. All importers availing warehouse facility in terms of section 59 of the Customs Act, 1962 3.3 Each such relaxation, where requested, should comply with the following conditions: .....

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..... in view in this regard. vi. In case of warehoused goods, any subsequent movement of goods to another warehouse under section 67 of the Customs Act, 1962 , shall be allowed only to manufacturer/actual user importer or AEO or Status holders. For requests related to change of ownership after warehousing, the facility shall be considered only in cases where the prospective buyer is either manuf .....

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..... , faced in implementation of this Circular may be brought to the notice of Board immediately. (M. Sangha) Joint Commissioner (Customs) *************** NOTES:- 1. For Further Amendment see Circular No. 21/2020-Customs dated 21-04-2022 2. For Further Amendment see Circular No. 23/2020-Customs dated 11-05-2020 3. For Further Amendment see Circular No. 26/20 .....

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