https://www.taxtmi.com/acts?id=46847 Amendment to section 61 shortens statutory warehouse storage periods by replacing "three years" with "one year", "one year" with "three months", and the second "one year" in sub clause (ii) with "six months", and adds a new provision making interest payable on the duty on warehoused goods remaining beyond the revised period, payable from expiry of that period until clearance at a Board fixed rate capped by statute. en-us Tue, 31 Dec 2024 17:15:41 +0530 Tue, 31 Dec 2024 17:15:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46847 Amendment to section 61 shortens statutory warehouse storage periods by replacing "three years" with "one year", "one year" with "three months", and the second "one year" in sub clause (ii) with "six months", and adds a new provision making interest payable on the duty on warehoused goods remaining beyond the revised period, payable from expiry of that period until clearance at a Board fixed rate capped by statute. Act-Rules F. Acts / Amendment Acts Tue, 31 Dec 2024 17:15:41 +0530 https://www.taxtmi.com/acts?id=46847