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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Substitution of new section for section 61 of Customs Act, 1962 ...

Bill

March 2, 2016

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 Customs Act so as to specify the period for which goods may remain warehoused. - provision in case of 100% EOU and other importers

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  2. Request for an Extended Period of Warehousing under Section 61 of Customs Act, 1962 - Reference from Shipyards - Reg. - Cir. No. F. No. 473/02/2011-LC Dated: February 29, 2012

  3. 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.

  4. Amendment of section 72 of Customs Act, 1962 - Goods improperly removed from warehouse, etc - substitute the word “exportation” with the word “export” - some other...

  5. Amendment of section 71 of Customs Act, 1962 - Goods not to be taken out of warehouse except as provided by this Act - to substitute the word “re-exportation” with the...

  6. Amendment of section 65 of Customs Act, 1962 - Manufacture and other operations in relation to goods in a warehouse - to substitute certain words therein.

  7. 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...

  8. Insertion of new section 73A of Customs Act, 1962 - Custody and removal of warehoused goods - to provide for the custody and removal of warehoused goods.

  9. Omission of sections 62 and 63 of Customs Act, 1962 - To omit the provisions regarding Control over warehoused goods and Payment of rent and warehouse charges

  10. Appellant's refunds of interest, paid as per the provision of Sec. 61(2) of the Customs Act, 1962, will not be hit by the doctrine of unjust enrichment - AT

 

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