TMI BlogRegarding request for an extended period of warehousing under Section 61 of Customs Act, 1962 - Reference from Shipyards.X X X X Extracts X X X X X X X X Extracts X X X X ..... ommissioners of Customs All Chief Commissioners of Customs Central Excise Subject :- Request for an Extended Period of Warehousing under Section 61 of Customs Act, 1962 - Reference from Shipyards - Reg. Madam/Sir, A request has been received from an unit engaged in the business of design and construction of various categories of vessels which are thereafter ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sions of Section 61 of the Act, ibid, in the case of any goods which are not likely to deteriorate, the Chief Commissioners can grant extension of warehousing for a period they deem fit. 3. However, as per Circular No. 47/2002-Cus dated 29/07/2002 of CBEC, Commissioner of Customs can extend the period of warehousing for a period not exceeding six months, on sufficient cause being ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ds for ship building are covered under the categories specified in Para 5 of the above Circular. The goods imported by such units would generally be required to be warehoused for a longer period of warehousing, before they are cleared for use. In such cases, it would be burdensome for the trade, if each such extension of warehousing period is for a three month period only and they have to approac ..... X X X X Extracts X X X X X X X X Extracts X X X X
|