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Section 143AA: Power to simplify or provide different procedure, etc., to facilitate trade.

The Customs Act, 1962Central Act · Act 52 of 1962

[143AA. Power to simplify or provide different procedure, etc., to facilitate trade.--Notwithstanding anything contained in any other provision of this Act, the Board may, for the purposes of facilitation of trade, take such measures or prescribe separate procedure or documentation for a class of importers or exporters or for categories of goods or on the basis of the modes of transport of goods, in order to,--

(a) maintain transparency in the import and export documentation; or

(b) expedite clearance or release of goods entered for import or export; or

(c) reduce the transaction cost of clearance of importing or exporting goods; or

(d) maintain balance between customs control and facilitation of legitimate trade.]

Where this provision sits

ActThe Customs Act, 1962
Section143AA
Marginal notePower to simplify or provide different procedure, etc., to facilitate trade.
JurisdictionCentral
StatusIn force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted, Act 13 of 2018. . Ins. by Act 13 of 2018, s. 97 (w.e.f. 28-3-2018).

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