Clarification regarding the scope of amendment made to Section 68 of the Customs Act, 1962 made in the Finance Bill, 2003 - reg

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..... ication regarding the scope of amendment made to Section 68 of the Customs Act, 1962 made in the Finance Bill, 2003 - reg. It may be recalled that Section 68 of the Customs Act, was amended in Budget 2003, to incorporate the following proviso,- "Provided that the owner of any warehoused goods may, at any time before an order for clearance of goods for home consumption has been made in respect .....

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..... the said duty till the date of such relinquishment' but relates to interest on other dues such as warehouse charges, rent etc. 4. The trade and field formations may be informed suitably. 5. This issues with the approval of the Member (Customs) (CBEC). - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxmana .....

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