The Ministry of Finance vide its notification dated 5th April 2021 has published the Customs (Verification of Identity and Compliance) Regulations, 2021 which shall be applicable to class of persons who are newly engaging in import or export or customs broker activity after the commencement of these regulations.
However it shall not be applicable to the Central Government, State Governments and Public Sector Undertakings.
The verification of identity of persons, may, with a view to protect the interest of revenue or preventing smuggling, cause verification of the compliance to the provisions of the Act or any other law for the time being in force, by such person and for this purpose require the person concerned to produce any document or information in the Customs Automated System.
The proper officer, shall undertake verification, and shall prepare a verification report on the Customs Automated Systems within thirty days of the submission of the documents and information:
Provided that the verification report may be prepared within sixty days of the submission of the documents and information, in case physical verification is required to be undertaken.
