Interest on warehoused goods under Section 61(2) of the Customs Act

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..... s Act F.No. 473/239/87-Cus. VII Dated 24-5-1988 Government of India Ministry of Finance (Department of Revenue) Central Board of Excise & Customs, New Delhi Subject : Warehousing - Chargeability .....

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..... e not cleared from the warehouse on the same day was considered by the Board, and it has been decided to consider waiver of interest leviable on the warehoused goods for a period of 7 days after duty .....

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