Warehousing interest of Ex bond BE in ICES

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.... to the Public Notice No. 37/2007 dated 12.12.2007 issued by this Custom House for the clearances of the imported goods from the bonded warehouse. Directorate of Systems has informed that provision has been made in ICES 1.5 for calculating warehousing interest under Section 61 of Customs Act, 1962 for ex-bond Bills of Entry where the duty has been paid in cash. This functionality has been activat....

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.... calculating 90 days interest free period under Section 61 of the Customs Act, 1962. In the light of the above it has been decided that all the goods which are to be removed to the warehousing for bonding under Section 46 of the Customs Act, 1962 and are deposited in the warehouses under 60 of the Customs Act, 1962 shall produce a certificate in the prescribed proforma attached for the purpose of....

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....essrs ………………………… holders of public/private bonded warehouse No. ………………………… in Range ……………………….. Circle/Division. Number and date of entry in warehouse register No. & date of Bill of Entry for d....