TMI BlogMaking the following regulation to amend the Courier Imports and Exports (Clearance) Regulations, 1998X X X X Extracts X X X X X X X X Extracts X X X X ..... Y, PART II, SECTION 3, SUB-SECTION (I)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 75/2010-Customs (N.T.) New Delhi , dated the 12th August, 2010 G.S.R. (E). - In exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962) , the Central Board of Excise and Customs hereby makes the following regulat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , the words "or his agent who has passed the examination referred to in regulation 8 or regulation 19 of the Customs House Agents Licensing Regulations, 2004 or " shall be substituted; (iii) in the second proviso, after clause (v) the following shall be inserted, namely:- (vi) goods having a declared value of more than one lakh rupees." 3. In regulation 6 of said regulations , in su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Provided that a transition period of six months from the date of publication of these regulations shall be allowed for fulfillment of the condition mentioned in sub-regulation (2) by an Authorised Courier." 5. In regulation 11 of the said regulations , for the words "two lakh" the words "ten lakh", and for the words "one lakh" the words "five lakh" shall be substituted. 6. In regulation 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lfillment of the obligation. (i) verify the antecedent, correctness of Importer Exporter Code (IEC) Number, identity of his client and the functioning of his client in the declared address by using reliable, independent, authentic documents, data or information; (j) not sub-contract or outsource functions permitted or required to be carried out by him in terms of these regulations to any other ..... X X X X Extracts X X X X X X X X Extracts X X X X
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