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News Misc. Corporate Laws & Other Commercial Policies

  • May 21, 2018
  • Unique identity number, PAN mandatory for customs broker licence

    The revenue department has made unique identity number Aadhaar and PAN mandatory for persons seeking a customs broker licence, according to a notification. ‘Customs broker’ is a person licensed to act as an agent on behalf of importer/exporter for transaction of business relating to entry or departure of conveyances or goods at any customs station, including audit. According to the Customs Brokers Licensing Regulations, 2018, notified by the Central Board of Excise and Customs (CBEC) recently, an applicant seeking to get a licence for customs broker should hold Aadhaar as well as PAN card.

    Source - https://www.financialexpress.com