This podcast is on Customs House Agents.
Import and export is a complex process which involves several stakeholders. In addition to performing movement of goods from or to the terminal, one has to focus on insurance, packaging and hiring carriers, you also need to file several documents with the customs department. If you are an importer or exporter, you can do these document filings or submissions on your own for your goods. But in most cases as it is a specialised activity and requires an excellent coordination with customs department for timely and hassle free release of goods, companies prefer to appoint a Customs House Agent to do this on their behalf. Customs House Agent, shortly known as CHA enables an organisation with smoother clearance of their goods from customs station by fulfilling the import or export procedures of the customs department.
CHA’s are governed by the Customs Brokers Licensing Regulations, 2018 under section 146 of Customs Act, 1962. This regulation provides details such as how to become a CHA? when CHA license is required? conditions to be fulfilled by applicants, examination of the applicant, grant of CHA license, validity of the license, obligations of customs broker and other aspects of CHA license. You can visit IISCM.org blog to read the full text of Customs Brokers Licensing Regulations, 2018. Thank you.