Substitution of new section for section 57
121. In the Customs Act, for section 57, the following section shall be substituted, namely:––
Licensing of public warehouses
“57. The Principal Commissioner of Customs or Commissioner of Customs may, subject to such conditions as may be prescribed, license a public warehouse wherein dutiable goods may be deposited.”.
Notes on Clauses:
Clause 121 of the Bill seeks to substitute a new section for section 57 of the Customs Act so as to vest with the Principal Commissioner of Customs or Commissioner of Customs the power to license a public warehouse.
