Rescission of warehousing notification alters applicable warehousing regulation through executive exercise of customs rescission power. The Central Government, invoking its power under section 61(1) of the Customs Act, 1962, has rescinded Notification No. 10/92 Customs (N.T.), dated 17 February 1992, relating to the warehousing period; the rescission is effected by Notification No. 22/96 Cus. (N.T.), dated 4 April 1996, removing the earlier regulatory provision.
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Rescission of warehousing notification alters applicable warehousing regulation through executive exercise of customs rescission power.
The Central Government, invoking its power under section 61(1) of the Customs Act, 1962, has rescinded Notification No. 10/92 Customs (N.T.), dated 17 February 1992, relating to the warehousing period; the rescission is effected by Notification No. 22/96 Cus. (N.T.), dated 4 April 1996, removing the earlier regulatory provision.
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