https://www.taxtmi.com/acts?id=1036 Importers of warehoused goods assessed to duty must execute a warehousing bond equal to thrice the duty assessed, undertaking to comply with the Customs Act and related rules, pay duties and interest when due, and discharge penalties and fines for contraventions. Customs may permit a general bond for goods to be warehoused within a specified period, and the importer must also furnish prescribed security. The bond continues despite transfer to another warehouse, and a transferee must execute a fresh bond and furnish security where goods are transferred. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 18 Jun 2026 14:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1036 Importers of warehoused goods assessed to duty must execute a warehousing bond equal to thrice the duty assessed, undertaking to comply with the Customs Act and related rules, pay duties and interest when due, and discharge penalties and fines for contraventions. Customs may permit a general bond for goods to be warehoused within a specified period, and the importer must also furnish prescribed security. The bond continues despite transfer to another warehouse, and a transferee must execute a fresh bond and furnish security where goods are transferred. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1036