Warehousing interest of Ex bond BE in ICES

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..... Trade partners, Stake holders and all other concerned is invited to the Public Notice No. 37/2007 dated 12.12.2007 issued by this Custom House for the clearances of the imported goods from the bonded warehouse. Directorate of Systems has informed that provision has been made in ICES 1.5 for calculating warehousing interest under Section 61 of Customs Act, 1962 for ex-bond Bills of Entry wh .....

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..... d that as per Board s clarification warehousing date is the relevant date for calculating 90 days interest free period under Section 61 of the Customs Act, 1962. In the light of the above it has been decided that all the goods which are to be removed to the warehousing for bonding under Section 46 of the Customs Act, 1962 and are deposited in the warehouses under 60 of the Customs Act, 1962 .....

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..... ll of Entry for deposit of goods Description of goods No. and descrption of packages Gross weight of packages Marks and numbers on packages Quantity of goods Assessable Value Duty Remarks Rate Amount .....

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..... No. and description of packages not Received Quantity short Received Duty payable on the shortage Remarks 1 2 3 4 Signat .....

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