Goods Removed from Bonded Warehouse Without Ex-Bond Bill or Duty Payment Are Subject to Confiscation Under Customs Law.
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....Confiscation - illegal removal of goods from in factory bonded private warehouse - if they have been removed from the customs bonded warehouse clandestinely without filing ex-bond bill of entry and without paying the customs duty. In such a case, if the goods are available outside the bonded warehouse, they are liable for confiscation.....


TaxTMI