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Warehosing Without Payment of Duty

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(Querist)
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
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
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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