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Measures for promoting cost efficiency of imports by Indian Trade and Industry

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....an Trade and Industry-regarding. Attention of all stake holders is invited to Section 49 of Customs Act, 1962 provides facility of storing goods in warehouses pending clearance in case where goods cannot be cleared within a reasonable time. Moreover, even presently an importer may de-stuff and release a foreign container immediately on arrival in the CFS / ICD. Generally this option is not util....

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