https://www.taxtmi.com/circulars?id=66889 Customs requires that persons acquiring warehoused liquor by bond to bond transfer hold valid State Excise and VAT licences and submit self attested copies when executing the triple duty bond under Section 59; sellers must verify buyers' licences. The measure aims to prevent duty evasion, monitor warehoused liquor validity, and ensure compliance with State Excise and VAT laws. Exceptions apply to the original importer and to transfers to holders of a special bonded warehouse licence. The notice is effective immediately. en-us Fri, 08 Sep 2023 00:00:00 +0530 Fri, 13 Oct 2023 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66889 Customs requires that persons acquiring warehoused liquor by bond to bond transfer hold valid State Excise and VAT licences and submit self attested copies when executing the triple duty bond under Section 59; sellers must verify buyers' licences. The measure aims to prevent duty evasion, monitor warehoused liquor validity, and ensure compliance with State Excise and VAT laws. Exceptions apply to the original importer and to transfers to holders of a special bonded warehouse licence. The notice is effective immediately. Circulars Customs Fri, 08 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66889