Transfer of imported goods for rewarehousing from major ports to inland warehousing stations - need for adequate security for customs duty

Transfer of imported goods for rewarehousing from major ports to inland warehousing stations - need for adequate security for customs duty https://www.taxtmi.com/circulars?id=6012 The directive requires transfer bonds under Section 67 to be backed by a full bank guarantee to enable immediate recovery of customs duty on default, mandates strict monitoring and insistence on rewarehousing certificates within prescribed periods, calls for retrospective review and recovery actions in past transfer-bond cases, and orders detailed audits of inland bonded warehouses to detect abuse and initiate appropriate legal action. en-us Fri, 18 May 1990 00:00:00 +0530 Mon, 29 Jun 2009 15:32:00 +0530 TaxTMI RSS Generator Transfer of imported goods for rewarehousing from major ports to inland warehousing stations - need for adequate security for customs duty https://www.taxtmi.com/circulars?id=6012 The directive requires transfer bonds under Section 67 to be backed by a full bank guarantee to enable immediate recovery of customs duty on default, mandates strict monitoring and insistence on rewarehousing certificates within prescribed periods, calls for retrospective review and recovery actions in past transfer-bond cases, and orders detailed audits of inland bonded warehouses to detect abuse and initiate appropriate legal action. Circulars Customs Fri, 18 May 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6012