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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Stricter Controls and Audits Required for Goods Clearance from Bonded Warehouses Under Customs Act</h1> Irregularities have been detected in the clearance of goods from bonded warehouses, prompting instructions for stricter controls. Goods must be examined before storage, with verification of descriptions and identification marks on the Bill of Entry. Upon removal, the goods' description must match the ex-bond Bill of Entry. Regular audits and inspections by senior officers and audit parties are mandated, with computerized record-keeping encouraged. Warehouses must submit reports on consignments held for over a year, allowing cross-verification with Customs records. Action under the Customs Act must be initiated when the warehousing period expires, and goods remaining beyond this period require special scrutiny to prevent deterioration, substitution, or unlawful removal. These measures aim to enhance oversight and prevent misuse of bonded warehouse facilities.
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