https://www.taxtmi.com/circulars?id=66823 Customs mandates that any buyer in a bond to bond purchase of imported liquor must hold state excise and VAT licenses and submit self attested copies with the triple duty bond for warehousing; sellers must verify buyers' licenses. The measure, linked to Section 59 transfer rules and state excise/VAT controls, aims to improve monitoring of warehoused liquor and prevent duty evasion. Original importers and holders of special bonded warehouse licenses are exempt. The guidelines are effective immediately and are to be publicized and enforced by customs personnel. en-us Mon, 28 Aug 2023 00:00:00 +0530 Mon, 18 Sep 2023 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66823 Customs mandates that any buyer in a bond to bond purchase of imported liquor must hold state excise and VAT licenses and submit self attested copies with the triple duty bond for warehousing; sellers must verify buyers' licenses. The measure, linked to Section 59 transfer rules and state excise/VAT controls, aims to improve monitoring of warehoused liquor and prevent duty evasion. Original importers and holders of special bonded warehouse licenses are exempt. The guidelines are effective immediately and are to be publicized and enforced by customs personnel. Circulars Customs Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66823