The Ministry of Finance on 27th October 2021 has published the Courier Imports and Exports (Electronic Declaration and Processing), Amendment, Regulations, 2021 to further amend the Courier Imports and Exports (Electronic Declaration and Processing) Regulations, 2010.
Through this amendment, a new regulation 10A has been inserted which deals with Surrender of registration:
An Authorised Courier may surrender the registration through an application in writing to the Principal Commissioner of Customs or Commissioner of Customs who has granted the registration, as the case may be.
On receipt of the application, the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, may revoke the registration if the Authorised Courier has paid all dues payable to the Central Government under the Act and the rules or regulations made thereunder; and no proceedings are pending against the Authorised Courier under the Act or the rules or regulations made thereunder.
Further, a new regulation 10B dealing with the validity of registration has been notified as follows:
A registration shall be valid unless and until revoked under these regulations, however, if an Authorised Courier is found to be inactive for a continuous period of one year, the registration shall be deemed to be invalid from the first day after expiry of the said period of one year.
Within a period of 90 days from the first day of deemed invalidation, the Authorised Courier may submit an application in Form K along with fee of fifteen thousand rupees, to the Principal Commissioner of Customs or Commissioner of Customs who has granted the registration, as the case may be, for renewal of the registration.
