https://www.taxtmi.com/acts?id=1070 Persons owning, possessing or controlling specified goods in a specified area must intimate the proper officer about the place where the goods are kept or stored when the market price exceeds fifteen thousand rupees. The intimation must be made within seven days from the specified date, and a person acquiring such goods after that date must intimate the proposed storage place before acquisition if the threshold is exceeded. No further intimation is needed while the goods remain at the intimated place, but any intended shift to another place requires fresh intimation before removal. en-us Sat, 19 Jan 2008 22:45:54 +0530 Mon, 15 Jun 2026 17:36:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=1070 Persons owning, possessing or controlling specified goods in a specified area must intimate the proper officer about the place where the goods are kept or stored when the market price exceeds fifteen thousand rupees. The intimation must be made within seven days from the specified date, and a person acquiring such goods after that date must intimate the proposed storage place before acquisition if the threshold is exceeded. No further intimation is needed while the goods remain at the intimated place, but any intended shift to another place requires fresh intimation before removal. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=1070