Warehosing Without Payment of Duty
This query is : Resolved
21 January 2011
Dear Sirs,
I expect the experts opinion, that can we get permission from Central Excise for warehousing the final product without payment of duty & what is the procedure & notification number.
With Warm Regards,
Dhananjay Jog
I expect the experts opinion, that can we get permission from Central Excise for warehousing the final product without payment of duty & what is the procedure & notification number.
With Warm Regards,
Dhananjay Jog
22 January 2011
As per sec 59 of custom act, goods may be kept in warehouse without paying the duty against executing the bond.
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