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of <h1>Ministry of Finance: Timely Warehouse Extension Requests Required; Vintage Car Exports Prohibited for Pre-1940 Models.</h1> The circular from the Ministry of Finance addresses the issue of late applications for extensions of warehousing periods. The Board emphasizes that extension requests should be submitted well before the expiry of the original or previously extended period and will only be considered under genuine and unavoidable circumstances. Late submissions are likely to be rejected. Additionally, a notification regarding the prohibition of exporting vintage cars, specifically those manufactured before 1940, is highlighted. The Vintage & Classic Car Club of India expresses concern over illegal exports and offers its assistance to authorities in identifying such vehicles.
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