TIOL-DDT 2203 · Friday, 4 October 2013 · story 4 of 7

Do we have Customs House Agents or Brokers or None Now?

AS per the Finance Act 2013, after 10th May 2013, there are no Customs House Agents - there will be only Customs Brokers. The Customs Brokers Licensing Regulations, 2013 have just been notified and there is no Customs Broker licenced yet under the new Regulations. It is not clarified as to what would happen to the old Custom House Agents. Do they automatically become Customs Brokers or should they get new licences? But as of now, we have neither Custom House Agents nor Customs Brokers. The transactions by CHAs from 21.6.2013 seem to be illegal!

They could have simply amended the Customs Act and the CHALR instead of creating all this confusion and possible litigation.