CBIC abolishes licence renewal requirement for customs brokers, authorised carriers

The CBIC has amended the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, to state that all such existing licenses/registration would have a lifetime validity.

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has done away with the requirement of periodic renewals of licence or registration issued to customs brokers and authorised carriers, a move which would reduce compliance burden for trade. The CBIC has amended the Customs Brokers Licensing Regulations, 2018 and Sea Cargo Manifest and Transhipment Regulations, 2018, to state that all such existing licenses/registration would have a lifetime validity. "The CBIC has with effect from July 23, 2021, abolished the requirement of periodic renewals of Licence/Registration issued to Customs Brokers and Authorised Carriers.