Bonded Warehouses - Irregularities Detected

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..... f goods from Bonded Warehouses have come to the notice of the Board. 2. Board desires that suitable instructions may be issued to all field officers to alert against any such irregularities and in particular follow the following procedure:- (i) The goods should be stored in a Bonded Warehouses only after due examination. Reverse of the Bill of Entry must confirm the veracity of the declared des .....

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..... the Central Warehousing Corporation and other warehouses to submit status report as regard the consignments pending for one year and above. the position can then be cross checked in the Customs House where the warehousing Bills of Entry had originated. (vi) Action under section 72 of the Customs Act, 1962 must be initiated on expiry of the warehousing period. (vii) All cases where goods contin .....

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