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.]