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Substitution of new sections 58 58A and 58B for section 58 of Customs Act 1962 - Licensing of private warehouses- Licensing of special warehouses - Cancellation of Licence - The proposed section 58B seeks to vest with the Principal Commissioner of Customs or Commissioner of Customs the power to cancel a licence granted under section 57 or section 58 or section 58A if the licensee has contravened any provision of the Act or the rules or regulations made thereunder or breached any of the conditions of the licence.

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