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>Section 65 of Customs Act: Warehoused Goods Can Undergo Manufacturing with Permission; Import Duty Rules on Waste Apply.</h1> Under Section 65 of the Customs Act, 1962, the owner of warehoused goods may, with permission from the Principal Commissioner or Commissioner of Customs and subject to prescribed conditions, conduct manufacturing or other operations on these goods within a warehouse. The Central Government can restrict certain manufacturing processes in warehouses if deemed necessary for public interest. If operations result in waste or refuse, import duty may be remitted if the resultant goods are exported, provided the waste is destroyed or duty is paid. If goods are cleared for home consumption, import duty applies to the waste or refuse generated.
TaxTMI 
TaxTMI 
