13 Jul 2022 , 09:09 AM
The so-called Controlled Delivery (Customs) Regulations, 2022, by the government, are intended to track down individuals engaged in the transportation of products like gold, silver, precious and semi-precious stones, currency, antiques, and various other goods.
Narcotic drugs, psychotropic substances, precursor chemicals, restricted substances, or their substitutes are also included, as are alcohol and other intoxicating beverages, fake money or negotiable instruments, cigarettes, tobacco, and tobacco products, as well as wildlife goods.
The specified revenue authority is authorized by the regulations to authorize a regulated import or export of such questionable cargo after consulting with the appropriate foreign authorities.
To identify the person suspected of being engaged in the commission of an offense in connection to the consignment, the customs officer may, if necessary, mark or place tracking devices on consignments of the aforementioned commodities before completing the delivery of such goods.
The customs officer must seek approval as soon as possible, but no later than 72 hours after making the controlled delivery, if the officer is unable to get it before doing so.
As stated in the notification, if such a delivery is stopped before it is finished, the officer should respond as necessary.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.