Transportation of imported goods for re-warehousing - Insurance is compulsory - Customs - 072/97

Circular No. 72/97-Cus. dated 23/12/97 F.No. 471/ 41/97-LC Government of India Ministry of Finance Department of Revenue, New Delhi Subject : Transfer of imported goods for re-warehousing from major port to inland warehousing station - need for adequate security for customs duty - regarding I am directed to refer to Board's Circular No. 41/ 97-CUS dated 19.9.97 (F.No. 473/ 31/ 97-LC) on the subject cited above and to inform that the said Circular may be treated as amended as follows :- 2. In line number 6 7 under para 1 of the aforesaid Circular letter : For Read "a transit Bond or "a transit Bond and an insurance policy" an insurance policy" 3. The remaining contents of the aforesaid circular of 19.9.97 will remain unchanged Sd /- (K. Chopra) Under Secretary to the Govt. of India