Defines the expressions used in the illegal-export prevention chapter. Coverage must be tested against the exact statutory definition before any storage, transport, voucher or account obligation is applied.
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Customs Chapter IVB
IVB - Illegal export prevention | 6 section records | 6 current | 0 omitted or historical
Chapter Context
This chapter creates documentary controls for specified goods vulnerable to illegal export. Goods, territory and persons must match the controlling notification.
Power of Central Government to specify goods
Enables the Central Government to bring goods within the Chapter IVB control framework through notification.
Persons possessing specified goods to intimate place of storage, etc.
Creates an intimation framework for persons holding specified goods, subject to the statutory and prescribed conditions.
Transport of specified goods to be covered by vouchers
Requires transport of specified goods to be supported by the prescribed voucher or documentary trail.
Persons possessing specified goods to maintain accounts
Requires prescribed accounts for specified goods held by covered persons.
Steps to be taken by persons selling or transferring specified goods
Imposes prescribed safeguards when specified goods are sold or transferred.