Section 130 - Insertion of new section 65A. - Finance Act, 2023

..... other operations in terms of section 65 may be carried out, namely: (A) the dutiable goods, which are deposited in the warehouse shall be goods on which the integrated tax under sub-section (7) and the goods and services tax compensation cess under sub-section (9), of section 3 of the Customs Tariff Act, 1975 (51 of 1975) have been paid, and only for the purpose of the duty payable, other than the said tax and cess paid, such dutiable goods shall be warehoused goods; (B) the dutiable goods shall .....

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Section 130 - Insertion of new section 65A. - Finance Act, 2023

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..... goods are so removed from that other warehouse; (iv) the provisions of section 59, subject to the following modifications therein, have been complied with, namely: (a) for the words bill of entry for warehousing , the words bill of entry for home consumption shall be substituted; and (b) for the words amount of the duty assessed , the words amount of duty assessed, but not paid shall be substituted; (C) the duty payable in respect of warehoused goods referred to in clause (A), to the extent not .....

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Section 130 - Insertion of new section 65A. - Finance Act, 2023

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