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    <title>Substitution of new section for section 59- Warehousing bond</title>
    <link>https://www.taxtmi.com/acts?id=20510</link>
    <description>Imposes a warehousing bond obligation on importers assessed to duty: the importer must execute a bond undertaking compliance with the Act, payment of duties and interest as demanded, and payment of penalties; the Commissioner may permit a general bond for multiple imports; prescribed security must also be furnished; bonds remain effective despite transfer to another warehouse; transferees must execute the prescribed bond or approved general bond and furnish required security.</description>
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    <pubDate>Mon, 29 Feb 2016 17:24:27 +0530</pubDate>
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      <title>Substitution of new section for section 59- Warehousing bond</title>
      <link>https://www.taxtmi.com/acts?id=20510</link>
      <description>Imposes a warehousing bond obligation on importers assessed to duty: the importer must execute a bond undertaking compliance with the Act, payment of duties and interest as demanded, and payment of penalties; the Commissioner may permit a general bond for multiple imports; prescribed security must also be furnished; bonds remain effective despite transfer to another warehouse; transferees must execute the prescribed bond or approved general bond and furnish required security.</description>
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      <pubDate>Mon, 29 Feb 2016 17:24:27 +0530</pubDate>
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