Warehoused Goods (Removal) Regulations, 1963
[ Notification No. 59-Cus., dated 1st February, 1963. ]
In exercise of the powers conferred by section 157 of the
Customs Act, 1962 (52 of 1962), the Central Board of Revenue
hereby makes me following regulations, namely:-
1. Short title.-
These regulations may be
called the Warehoused Goods (Removal) Regulations, 1963.
2. Conditions for transport of warehoused goods
in the same town. - Where the goods are to be removed from one
warehouse to another in the same town, the proper officer may
require that the transport of the goods between the two
warehouses be under the supervision of an officer of Customs, the
owner meeting the cost of such supervision.
3. Conditions for transport of warehoused goods
to another town. -
Where the goods are to be removed from one
warehouse to another in a different town the proper officer may
require the person requesting removal to execute a bond in a sum
equal to the amount of import duty leviable on such goods and in
such form and manner as the proper officer deems fit.
4. Terms of the bond to be executed.-
The terms
of the bond shall be that if the person executing the bond
produces to the proper officer, within three months or within
such extended period as such officer may allow, a certificate
issued by the proper officer at the place of destination that the
goods have arrived at that place, the bond shall stand
discharged, but otherwise an amount equal to the import duty
leviable on the goods in respect of which the said certificate is
not produced shall stand forfeited.
5. Surety or security to be furnished. - The
proper officer may require that the bond shall be with such
surety or security or both as is acceptable to him.
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