Warehousing stations :

It might so happen that the importer is not in a position to clear the imported goods into the country immediately owing to the financial requirement reasons. A facility had therefore been given under the law enabling such importers to store imported goods. The goods can be cleared for home consumption at a later date after payment of duty. The importer is charged with warehousing charges for this facility. This warehousing facility is a special feature of the Customs Act.

The Central Board of Excise and Customs (the Board) may, by notification in the Official Gazette, declare places to be warehousing stations at which alone public warehouses may be appointed and private warehouses may be licensed.

Warehouse is defined as a public warehouse appointed under section 57 or a private warehouse licensed under sec. 58 [Sec.2 (43)].