Yes. The person in charge of a conveyance carrying any consignment of goods of value exceeding a specified amount to carry with him such documents and devices as may be prescribed by the Government. On interception of the conveyance, the person in charge shall produce the prescribed documents and devices for verification and allow inspection of goods by the proper officer.
(ICAI FAQ PUBLICATIONS 06-09-2017 POWER OF INSPECTION, SEARCH AND SEIZURE: FAQ NO. 14)