TMI BlogProvisional release of export - goods detained for investigation – reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... To All Chief Commissioners of Customs / Customs (Prev). All Chief Commissioners of Customs Central Excise. All Directors General of CBEC. All Commissioners of Customs / Customs (Prev). All Commissioners of Customs (Appeals). All Commissioners of Customs Central Excise. All Commissioners of Customs Central Excise (Appeals). Subject: Provisional release of expor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... only the seized goods. 3. In this regard it is observed that inordinate detention of the seized goods entered for exportation results in delays in fulfillment of export order and at times cancellation of such orders. Detention of goods also adds to congestion in ports besides resulting in payment of demurrage charges to the Custodians. Accordingly, the matter has been re-examined by the Board ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o that the period of detention is kept to the minimum. Thus, the following course of action is prescribed in respect of goods entered for exportation: (a) In case the export goods are found to be mis-declared in terms of quantity, value and description and are seized for being liable to confiscation under the Customs Act, 1962 , the same may be ordered to be released provisionally on execution ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in order to cover the redemption fine and penalty in case goods are found to be liable to confiscation. In case exports are made under any Export Promotion / Reward Schemes, the finalization of export incentives should be done only after receipt of the test report / finalisation of enquiry and final decision in the matter. The Bond executed for provisional release shall contain a clause to this e ..... X X X X Extracts X X X X X X X X Extracts X X X X
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