https://www.taxtmi.com/circulars?id=6018 Extension of the warehousing period must be granted sparingly only for circumstances beyond importer control; financial difficulty is not sufficient. Second or further extensions should generally be denied but, if unavoidable, must be accompanied by payment of interest on duty for the prior extension, to be adjusted at clearance. Collectors must scrutinise requests, issue public notices, and ensure prompt raising of duty demands with interest and recovery action on expiry, with senior officers periodically reviewing warehouse records. en-us Mon, 09 Oct 1989 00:00:00 +0530 Mon, 29 Jun 2009 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6018 Extension of the warehousing period must be granted sparingly only for circumstances beyond importer control; financial difficulty is not sufficient. Second or further extensions should generally be denied but, if unavoidable, must be accompanied by payment of interest on duty for the prior extension, to be adjusted at clearance. Collectors must scrutinise requests, issue public notices, and ensure prompt raising of duty demands with interest and recovery action on expiry, with senior officers periodically reviewing warehouse records. Circulars Customs Mon, 09 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6018