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Time limit for warehousing

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..... Time limit for warehousing
Query (Issue) Started By: - Haridas Nair Dated:- 22-7-2009 Last Reply Date:- 23-7-2009 Other Topics
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Indian Laws
What is the period for warehousing .....

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..... under Section 61 of the Customs Act in respect of rewarehoused goods i.e. goods legally transferred from one warehouse to another warehouse.Can they be warehoused for another one year from the date o .....

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..... f receipt in the second warehouse? If not, what are the instructions on the issue? Reply By Dinesh Gupta: The Reply: The extension of warehousing period beyond one year upto further 6 months is withi .....

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..... n the power of commissioner and more than 6 months within the power of chief commissioner. Section 61 itself is self explanatory. Reply By Haridas Nair: The Reply: Thanks Guptaji for the answer. Let .....

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..... me elaborate. Section 61: Any warehoused goods may be left in the warehouse in which they are deposited or in any warehouse to which they may be removed in the case of any other goods, till the expiry .....

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..... of one year. I deposit some goods in a warehouse, say in Jan. 00 for six months and then remove it to another warehouse, in June,00. Now should the limitation of one year start from June, 00 or the o .....

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..... riginal date of warehousing. What is the legal backing to restrict the period of one year from Jan, 00 only. In the second warehouse also a permission is given under Section 60.
Discussion Forum - .....

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..... Knowledge Sharing .....

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