Persons possessing specified goods to intimate the place of storage, etc

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..... ceeds fifteen thousand rupees shall, within seven days from that date, deliver to the proper officer an intimation containing the particulars of the place where such goods are kept or stored within the specified area. (2) Every person who acquires (within the specified area), after the specified date, any specified goods, - (i) the market price of which, or (ii) the market price of which tog .....

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..... r sub-section (2) applies, to any place other than the intimated place, he shall, before taking out such goods from the intimated place, deliver to the proper officer an intimation containing the particulars of the place to which such goods are proposed to be shifted. (4) No person shall, after the expiry of seven days from the specified date, keep or store any specified goods to which sub-secti .....

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