Amendment of section 68
129. In the Customs Act, in section 68,––
(i) in the opening paragraph, for the words “The importer of any warehoused goods may clear them”, the words “Any warehoused goods may be cleared from the warehouse” shall be substituted;
(ii) for clause (b), the following clause shall be substituted, namely:––
“(b) the import duty, interest, fine and penalties payable in respect of such goods have been paid; and”;
(iii) in the first proviso, the words “rent, interest, other charges and” shall be omitted.
Notes on Clauses:
Clause 129 of the Bill seeks to amend section 68 of the Customs Act so as to –
(i) substitute certain words therein;
(ii) substitute a new clause for clause (b) to provide that any warehoused goods may be cleared from the warehouse for home consumption if the import duty, interest, fine and penalties payable in respect of such goods have been paid;
(iii) omit the words “rent, interest, other charges and” occurring in the first proviso to that section.
