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<h1>Licensed Custodians Must Manage Warehoused Goods Under Customs Act Sections 57, 58, 58A; Violations Lead to Penalties.</h1> All warehoused goods must remain under the custody of a licensed person under sections 57, 58, or 58A of the Customs Act, 1962, until they are cleared for home consumption, transferred, exported, or removed as per the Act. The custodian's responsibilities are prescribed by law. If goods are removed in violation of section 71, the licensee is liable for duty, interest, fines, and penalties, in addition to other legal actions.