https://www.taxtmi.com/manuals?id=1482 The Customs framework allows importers to store goods in bonded warehouses without immediate duty payment, subject to designation of warehousing stations, licensing of public and private warehouses, and bond execution equal to twice assessed duty. Customs control includes entry, inspection, locking, supervision and audit; transfers between warehouses require transit bonds or customs escort and re-warehousing certificates. Warehousing periods are limited with discretionary extensions; interest and recovery mechanisms apply for overstay or breaches, while the Board may waive interest in specified exceptional cases. en-us Thu, 07 Jul 2016 16:11:00 +0530 Wed, 20 Sep 2017 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1482 The Customs framework allows importers to store goods in bonded warehouses without immediate duty payment, subject to designation of warehousing stations, licensing of public and private warehouses, and bond execution equal to twice assessed duty. Customs control includes entry, inspection, locking, supervision and audit; transfers between warehouses require transit bonds or customs escort and re-warehousing certificates. Warehousing periods are limited with discretionary extensions; interest and recovery mechanisms apply for overstay or breaches, while the Board may waive interest in specified exceptional cases. Manuals Customs Thu, 07 Jul 2016 16:11:00 +0530 https://www.taxtmi.com/manuals?id=1482