Government of India Ministry of Finance Department of Revenue Notification No. 74/2016-Customs (NT.) New Delhi, dated the 18th May. 2016 S.O.(E). -In exercise of powers conferred by sub-section (1) of section 4 and sub-section (1) of section 5 of Customs Act, 1962 of 1962) and in supersession of order/notification as stated in column (5) of […]
Government of India Ministry of Finance Department of Revenue Notification No. 73/2016 -Customs (N.T.) New Delhi. dated the 18th May, 2016 S.O. (E). -In exercise of powers conferred by sub-section (1) of section 4 and subsection (1) of section 5 of Customs Act, 1962 (52 of 1962) and in supersession of order/notification as stated in […]
Notification No. 27/2016 – Central Excise (N.T.) 1. (1) These rules may be called the CENVAT Credit (Sixth Amendment) Rules, 2016. (2) They shall come into force on the date of their publication in the Official Gazette.
Licence for existing warehouses. – (1) A public warehouse appointed under section 57 or a private warehouse licensed under section 58 as it stood immediately before the commencement of the Finance Act, 2016 (28 of 2016), may continue to carry out operations in respect of goods notified under sub-section (2) of section 58A for a period of three months from the date of coming into force of these regulations:
Notification No. 71/2016- Customs (N.T.)- These regulations may be called as the Private Warehouse Licensing Regulations, 2016.
Notification No. 70/2016- Customs (N.T.) These regulations may be called the Public Warehouse Licensing Regulations, 2016.
Transfer of goods to another warehouse. – (1) A licensee shall not allow the transfer of warehoused goods to another warehouse without the permission of the bond officer on the Form for transfer of goods from a warehouse.
Appointment of warehouse keeper. – (1) A licensee shall appoint a warehouse keeper who has sufficient experience in warehousing operations and customs procedures to discharge functions on his behalf. (2) The warehouse keeper shall obtain a digital signature from authorities licensed by the Controller of Certifying Authorities for filing electronic documents required under the Act, rules or regulations made thereunder.
Where the warehoused goods are to be removed from one warehouse to another warehouse or from a warehouse to a customs station for export, the owner of the goods shall make such request by filing the Form appended to these regulations.
Central Board of Excise and Customs hereby specifies the following class of goods which shall be deposited in a special warehouse licenced under section 58A (1) of the Customs Act, 1962 (1) gold, silver, other precious metals and semi-precious metals and articles thereof;
