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of <h1>No Extra Permissions Needed for Storing Empty Containers in India, Says Central Board of Excise & Customs Circular.</h1> The circular issued by the Central Board of Excise & Customs addresses the operation of empty container yards in India. It clarifies that no separate permission is required for storing empty containers imported with or without cargo. Containers imported for re-export are exempt from customs duty under specific notifications, and steamer agents must execute a bond for re-export at importation. Consequently, container yard operators do not need to provide additional bonds or seek approval from the Container Corporation of India for storing such containers once they have cleared customs.
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