Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Substitution of new section for section 61- Period for which goods may remain warehoused

Clause 125 - INDIRECT TAXES Customs - Bill - Clause 125 - Substitution of new section for section 61 125. In the Customs Act, for section 61, the following section shall be substituted, namely:- Period for which goods may remain warehoused 61.(1) Any warehoused goods may remain in the warehouse in which they are deposited or in any warehouse to which they may be removed,- (a) in the case of capital goods intended for use in any hundred per cent. export oriented undertaking or electronic hardware .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ption or clearance from the warehouse; and (c) in the case of any other goods, till the expiry of one year from the date on which the proper officer has made an order under sub-section (1) of section 60: Provided that in the case of any goods referred to in this clause, the Principal Commissioner of Customs or Commissioner of Customs may, on sufficient cause being shown, extend the period for which the goods may remain in the warehouse, by not more than one year at a time: Provided further that .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version