TMI BlogSpecified Import Cargo- Fast Track Clearance ProcedureX X X X Extracts X X X X X X X X Extracts X X X X ..... orted by eligible importers. Your kind attention is invited to the Board's circular letter F.No. 450/ 68/93- Cus. IV dated 10.6.94 prescribing a procedure for expeditious assessment and clearance of goods and Board's Circular F. No. 450/ 51/ 92-Cus.IV, dated 25.5.92 prescribing a self-assessment procedure for Government Departments, Public Sector Undertakings and other importers fulf ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Calcutta, Bangalore and ICD at Tughlakabad, Delhi. This scheme, apart from facilitating quick clearance of the goods imported by eligible importers, would have the way for redeployment of appraising staff in the more critical and sensitive areas. 4. The salient features of "Fast Track Clearance" scheme are as follows:- A. Categories of Eligible Importers : Only the fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... would be Kandla, Visakhapatnam, Cochin Ports, Chennai (Air Cargo), Cochin Bangalore (Air Cargo) and ICD at Tughlakabad. Importers who have been found to be involved in any proven case of fraud, forgery or suppression of facts, are, however, Not eligible to avail of the scheme. B. Goods not Covered under the Scheme : (I) Goods for which an import licence or the execut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hapter 86 of the Customs Tariff Act, 1975 (vi) Project imports D. Pre-Availment Requirement (i) An importer desirous of availing of the scheme shall file an application (Annex.II) with the concerned Custom House and obtain a registration number. (ii) An importer who has been extended the benefit of the scheme should maintain a minimum balance of Rs. 5 lakhs ..... X X X X Extracts X X X X X X X X Extracts X X X X
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