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Indian Vakil Blogspot. Complete Guide of Indian Law.

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Indianvakil.blogspot.com news digest

  • 8 years

    Section 59 of The Customs Act 1962-WAREHOUSING BOND

    Section 59 of The Customs Act 1962-WAREHOUSING BOND:
    (1) The importer of any goods specified in sub-section (1) of section 61, which have been entered for warehousing and assessed to duty under section 17 or section 18 shall execute a bond binding himself in a sum equal to twice the amount of the duty...

  • 8 years

    Section 58 of The Customs Act 1962-LICENSING OF PRIVATE WAREHOUSES

    Section 58 of The Customs Act 1962-LICENSING OF PRIVATE WAREHOUSES:
    (1) At any warehousing station, the Assistant Commissioner of Customs or Deputy Commissioner of Customs] may license private warehouses wherein dutiable goods imported by or on behalf of the licensee, or any other imported goods in respect of which facilities...

  • 8 years

    Section 57 of The Customs Act 1962-APPOINTING OF PUBLIC WAREHOUSES

    Section 57 of The Customs Act 1962-APPOINTING OF PUBLIC WAREHOUSES:
    At any warehousing station, the Assistant Commissioner of Customs may appoint public warehouses wherein dutiable goods may be deposited.

  • 8 years

    Section 56 of The Customs Act 1962-TRANSPORT OF CERTAIN CLASSES OF GOODS SUBJECT...

    Section 56 of The Customs Act 1962-TRANSPORT OF CERTAIN CLASSES OF GOODS SUBJECT TO PRESCRIBED CONDITIONS:
    Imported goods may be transported without payment of duty from one land customs station to another, and any goods may be transported from one part of India to another part through any foreign territory, subject to such conditions as may be prescribed...

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Web host: Google LLC
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Updated: June 29, 2023
Expires: July 31, 2024
Created: July 31, 2000

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