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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Substitution of new section for section 59 of Customs Act, 1962 ...

Bill

March 2, 2016

Substitution of new section for section 59 of Customs Act, 1962 - Warehousing bond - the importer of goods shall execute a bond and also furnish security in the manner specified therein.

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  1. Substitution of new section for section 64 of Customs Act, 1962 - Owner’s right to deal with warehoused goods - to make provisions for owner’s right to deal with warehoused goods.

  2. 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...

  3. Confiscation of goods - Clandestine removal of bunkers - import of duty free Furnace Oil & HSD Fuel Oil under warehouse procedure - The tribunal conducted a thorough...

  4. Rescinding Board Circular No. 132/95 on Warehousing-grant of in-bond manufacture facility under section 65 of the Customs Act, 1962

  5. Amendment of section 73 of Customs Act, 1962 - Cancellation and return of warehousing bond - to insert the word “transferred or” after the words “exported or”.

  6. Electronic Sealing-Deposit in and removal of goods from Customs Bonded Warehouses - Circular

  7. Electronic Sealing - deposit in and removal of goods from Customs Bonded warehouses - Trade Notice

  8. Electronic sealing - Deposit in and removal of goods from Customs bonded Warehouses.

  9. Electronic sealing — Deposit in and removal of goods from Customs bonded Warehouses

  10. Substitution of new section for section 61 of Customs Act, 1962 - Period for which goods may remain warehoused - to substitute a new section for section 61 of the...

 

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