https://www.taxtmi.com/circulars?id=56242 A staged administrative procedure governs time expired bonded goods: maintain warehouse lists and bond registers; issue a formal notice one month before expiry for clearance or extension; on noncompliance issue notices under section 72(1) and section 72(2), compile importer responses, verify absence of investigative or appellate holds, obtain supervisory approval to forward goods for public auction, and, if auction proceeds are inadequate, initiate statutory recovery of the balance. en-us Thu, 03 Mar 2016 00:00:00 +0530 Tue, 10 Oct 2017 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56242 A staged administrative procedure governs time expired bonded goods: maintain warehouse lists and bond registers; issue a formal notice one month before expiry for clearance or extension; on noncompliance issue notices under section 72(1) and section 72(2), compile importer responses, verify absence of investigative or appellate holds, obtain supervisory approval to forward goods for public auction, and, if auction proceeds are inadequate, initiate statutory recovery of the balance. Circulars Customs Thu, 03 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56242