What is the period for warehousing under Section 61 of the Customs Act in respect of rewarehoused goods i.e. goods legally transferred from one warehouse to another warehouse.Can they be warehoused for another one year from the date of receipt in the second warehouse? If not, what are the instructions on the issue?
Time limit for warehousing
Haridas Nair
Clarification Sought on Rewarehousing Period Reset Under Section 61 of Customs Act for Transferred Goods A user inquired about the warehousing period for rewarehoused goods under Section 61 of the Customs Act, questioning whether the period restarts upon transfer to a new warehouse. A respondent clarified that the extension beyond one year is possible: up to six additional months with commissioner approval, and beyond that with chief commissioner approval. The original query was further elaborated, asking if the one-year limit should start from the initial deposit date or the transfer date. The discussion highlighted the need for legal clarification on whether the period resets upon rewarehousing. (AI Summary)