Amendments in Section 146 and 147 of the Customs Act, 1962 - reg. 1. Consequent upon the recent changes in the Union Budget 2013-14, the following amendments in Section 146 and 147 of the Customs Act, 1962, w.e.f. 10.05.2013, are brought to the notice of all Custom Brokers (erstwhile known as Custom House Agents), their Associations, members of trade and others for information and compliance:- 2. Section 146 of the Customs Act, 1962 has been substituted to change the nomenclature of "Custom House Agents" to "Customs Brokers" considering the global practice and internationally accepted nomenclature. 3. Also, sub-section (3) of Section 147 of the Customs Act, 1962, has been amended with effect from 10.05.2013 wherein after the words "for such purposes", the words "including liability therefor under this Act" have been inserted. As such, the Customs Brokers (CHAs) are now equally liable for any act or omission when the Customs Broker (CHA) is expressly or impliedly authorized by the owner, importer or exporter of any goods to be his Customs Broker (CHA) in respect of such goods for all or any purposes of the Act. 4. In view of the above amendments, it has become mandatory on the part of all Customs Brokers (CHAs) that they should conduct their work in scrupulous and professional manner. In case of any negligence/deliberate mis-declaration/collusion by the Customs Broker (CHA), the same will be viewed seriously and stringent action will be taken against the defaulters.
Posted on: Fri, 21 Jun 2013 05:38:07 +0000
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