CBIC amends Courier Imports and Exports (Clearance) Regulations 1998

CBIC amends Courier Imports and Exports (Clearance) Regulations 1998 The Central Board of Indirect Taxes and Customs vide Notification No. 86/2021-Cu…

(2) On receipt of the application under sub-regulation (1), the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, may revoke the registration if, -
(a) the Authorised Courier has paid all dues payable to the Central Government under the Act and the rules or regulations made thereunder; and
(b) no proceedings are pending against the Authorised Courier under the Act or the rules or regulations made thereunder.
10B. Validity of registration. – (1) A registration shall be valid unless and until revoked under these regulations.(2) Notwithstanding anything contained in sub regulation (1), where an Authorised Courier is found to be inactive for a period of one year, the registration shall be deemed to be invalid from the first day after expiry of the said period of one year.
Explanation: - For the purposes of this regulation the expression ‘inactive’ refers to an Authorised Courier who does not transact any business pertaining to Customs during a continuous period of one year excluding the period for which the registration has been suspended under regulation 14 and the continuous period of one year shall be computed for the first time with effect from the date of coming into force of the Courier Imports and Exports (Clearance), Amendment, Regulations, 2021.
(3) Within a period of ninty days from the first day of deemed invalidation, the Authorised Courier may submit an application in Form -A1 along with fee of fifteen thousand rupees, to the Principal Commissioner of Customs or Commissioner of Customs who has granted the registration, as the case may be, for renewal of the registration.
(4) Subject to regulation 10 and within one month of receipt of the application in Form- A1 along with fee of fifteen thousand rupees, the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, may renew the registration after satisfying himself that the performance of the Authorised Courier has been satisfactory with reference to the absence of any complaints of misconduct including non-compliance of any of the obligations specified in regulation 13 and the applicant is otherwise eligible for grant of registration under regulation 10.”;
(3) after Form A, the "FORM – A1" shall be inserted, which provide the details of Application for renewal of deemed invalidated registration of Authorised Courier. To Read Official Notification Download PDF Given Below :About Author
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