Section Text
1[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.]
1. Ins. by Act 13 of 2018, s. 97 (w.e.f. 28-3-2018).