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Amendments to Customs Act 1962: New Sections 58, 58A, 58B Introduced for Licensing Private Warehouses by Customs Commissioner.

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....Substitution of new sections 58, 58A and 58B for section 58 of Customs Act, 1962 - Licensing of private warehouses- Licensing of special warehouses - Cancellation of Licence - The proposed section 58 seeks to vest with the Principal Commissioner of Customs or Commissioner of Customs, the power to license a private warehouse. -....