Customs Act 1962

Warehousing

^{[helldod2omit}[Section 63. Payment of rent and warehouse charges

(1) The owner of any warehoused goods shall pay to the warehouse-keeper rent and warehouse charges at the rates fixed under any law for the time being in force or where no rates are so fixed, at such rates as may be fixed by the ¹[Principal Commissioner of Customs or Commissioner of Customs] ^[helldodold[Commissioner of Customs]^helldod].

(2) If any rent or warehouse charges are not paid within ten days from the date when they became due, the warehouse-keeper may, after notice to the owner of the warehoused goods and with the permission of the proper officer cause to be sold (any transfer of the warehoused goods notwithstanding) such sufficient portion of the goods as the warehouse-keeper may select.]^helldod]

1. Substituted Vide Section 78 of the Finance Act 2014

2. Omitted Vide Section 126 of the Finance Bill 2016