TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Custodians of Imported Goods Must Follow Section 45 of Customs Act, 1962 to Avoid Liability for Pilferage.</h1> Section 45 of the Customs Act, 1962, outlines restrictions on the custody and removal of imported goods. All imported goods unloaded in a customs area must remain under the custody of an approved person until cleared for home consumption, warehoused, or transhipped. The custodian must maintain records and cannot remove or handle the goods without written permission from the proper officer. If goods are pilfered while in custody, the custodian is liable to pay duty based on the rate at the time of the arrival manifest or report submission for the conveyance carrying the goods.
TaxTMI 
TaxTMI 
