Warehoused goods removal: prescribed Form, one-time-lock transport, and duty liability for failure to produce arrival acknowledgement. Regulations require filing the prescribed Form for transfer of warehoused goods between warehouses or to a customs station for export, recording import, warehousing, goods, dispatch and receipt particulars. Transport must ordinarily be under a one-time-lock affixed by the proper officer, licensee or bond officer, unless the Principal Commissioner or Commissioner permits otherwise. The owner must, within one month or an allowed extension, produce an acknowledgement from the receiving warehouse licensee, bond officer or export proper officer confirming arrival, failing which full duty with interest, fines and penalties under section 72 becomes payable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Warehoused goods removal: prescribed Form, one-time-lock transport, and duty liability for failure to produce arrival acknowledgement.
Regulations require filing the prescribed Form for transfer of warehoused goods between warehouses or to a customs station for export, recording import, warehousing, goods, dispatch and receipt particulars. Transport must ordinarily be under a one-time-lock affixed by the proper officer, licensee or bond officer, unless the Principal Commissioner or Commissioner permits otherwise. The owner must, within one month or an allowed extension, produce an acknowledgement from the receiving warehouse licensee, bond officer or export proper officer confirming arrival, failing which full duty with interest, fines and penalties under section 72 becomes payable.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
