Clearance of warehoused goods for home consumption - CBEC's Customs Manual 2023 - Customs

..... 15. Clearance of warehoused goods for home consumption: 15.1 Any warehoused goods may be cleared from the warehouse for home consumption, if: (a) a bill of entry for home consumption in respect of such goods has been presented in the prescribed form; (b) the import duty, interest, fine and penalties payable in respect of such goods have been paid; and (c) an order for clearance of such goods for home consumption has been made by the proper officer: Provided that the order referred to in clause ( .....

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Clearance of warehoused goods for home consumption - CBEC s Customs Manual 2023 - Customs

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..... stoms Act, 1962, the rate of duty and tariff value for clearance of the goods from a bonded warehouse shall be the rate of duty and tariff value on the date on which a Bill of Entry for home consumption is presented under Section 68 of the Customs Act, 1962. The value of the goods is taken as the same as assessed on the into-bond Bill of Entry at the time of warehousing the goods. 15.4 A licensee shall not allow goods to be removed from the warehouse for home consumption, unless the bond officer .....

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Clearance of warehoused goods for home consumption - CBEC s Customs Manual 2023 - Customs

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