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TMI BlogFurnishing of the complete details of the goods being importedX X X X Extracts X X X X X X X X Extracts X X X X ..... all Importers, Custom House Agents, the Trading public and others is invited to the Public Notice No.41/2002 dated 18.02.2002 and Trade Facility No.06/2006 dated 14.03.2006 issued by this Custom House and to the provisions of section 46 and 50 of the Customs Act 1962, read with Bill of Entry (Electronic declaration) Regulations, 1995 and Shipping bill and Bill of Export (Form) Regulations 1991. It ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... riction/ prohibitions imposed under allied laws. Further, policy makers and all other concerned also use Customs import and export database for policy decision and for statistical purposes. One of the most essential requirements for ensuring correct classification and valuation of goods is the quality of data furnished by the importers and exporters as regards its completeness and accuracy. It ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assessment has suffered but also the quality of National Import and. Export database has remained below expectation. Thus, poor quality of data furnished by the trade is a matter of serious concern for customs administration. In the above context, attention of the trade and all other stake holders is invited to the provisions of Section 46 and 50 of the Customs Act 1962, whereby it is mandatory f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... been filled correctly by the importer/exporter/CHAs. In all such cases where complete details are not furnished, documents shall be returned for incorporating the same. Since, this mandatory requirement is not complied by a large number of importers/ exporters/CHAs, it has been decided to take stern action in case of non-compliance. In case an importer/exporter/CHA repeatedly fails to furnish the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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