Special provisions for warehousing :

A separate chapter was therefore incorporated in the Customs Act, 1962, containing specific provisions relating to warehousing of imported goods. Chapter IX of the Customs Act, 1962 contains the following provisions: –

(1) Appointment of public warehouses – Section 57

(2) Licensing of private warehouses – Section 58

(3) Warehousing bond – Section 59

(4) Permission for deposit of goods in a warehouse – Section 60

(5) Period for which goods may remain warehoused – Section 61

(6) Control over warehoused goods – Section 62

(7) Payment of rent and warehouse charges – Section 63

(8) Owner’s right to deal with warehoused goods – Section 64

(9) Removal of goods from one warehouse to another – Section 67

(10) Clearance of warehoused goods for home consumption – Section 68

(11) Clearance of warehoused goods for exportation – Section 69

(12) Allowance in the case of volatile goods – Section 70

(13) Goods not to be taken out of warehouse except as provided by this Act – Section 71

(14) Goods improperly removed from the warehouse – Section 72

(15) Cancellation and return of warehousing bond – Section 73

We shall examine each of the provisions separately in the subsequent paragraphs.