Permission to Store Duty Paid Goods Under Section 49 of the Customs Act, 1962-Reg.

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..... r concerned is invited to the provisions contained in Section 49 of the Customs Act, 1962 wherein the imported goods may, pending clearance, be permitted to be stored in a public warehouse, or in a private warehouse if facilities for deposit in a public warehouse are not available. 2. It has been decided to permit the storage of duty paid timber in the private warehouses i.e. areas not falling in .....

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..... made available for verification by Customs Officers at any time. Copy /Photostat copy of the Bill of Entry is to be made available along with the stock register at the time of stacking in the yard. 5) Every vehicle carrying imported timber should carry a port gate pass showing details of the timber logs loaded in the vehicles with particulars such as vessels name, lot no. bill of entry no, quanti .....

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..... ing procedure in case of timber allowed for storing in the port area. 11) NOC from the importers whose timber is proposed to be stored in the leased area should be taken with an undertaking that no refund /remission of duties would be claimed on the goods allowed to be stored in the private premises for whatsoever reasons and that they would be paying the duties and applicable interest, for any e .....

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