]
[helldodold[The
importer
of any warehoused goods may clear them]helldod] for home consumption, if | Previous |
Customs Act 1962
Warehousing
Section 68. Clearance of warehoused goods for home consumption (Relevant Updates)
1[Any
warehoused goods may be cleared from the
warehouse
]
[helldodold[The
importer
of any warehoused goods may clear them]helldod] for home consumption, if
(a) a
bill of entry
for home consumption in respect of such goods has been presented in the
prescribed form;
1[(b) the import duty, interest, fine and penalties payable in respect of such goods have been paid; and]
[helldodold[(b) the import duty leviable on such goods and all penalties, rent, interest and other charges payable in respect of such goods have been paid; and]helldod]
(c) an order
for clearance of such goods for home consumption has been made by the proper officer
.
3[Provided that the order referred to in clause (c) may also be made electronically through the customs automated system on the basis of risk evaluation through appropriate selection criteria:
Provided further that]
[helldodold[Provided that]helldod] the owner of any
warehoused goods
may, at
any time before an order for clearance of goods for home consumption has been
made in respect of such goods, relinquish his title to the
goods
upon payment of
[helldod2omit[rent, interest, other charges and]helldod] penalties that may be payable in respect of
the goods and upon such relinquishment, he shall not be liable to pay duty
thereon.
3[Provided also that] [helldodold[Provided further that]helldod] the owner of any such warehoused goods shall not be allowed to relinquish his title to such goods regarding which an offence appears to have been committed under this Act or any other law for the time being in force.
1. Substituted Vide Section 129 of the Finance Bill 2016
2. Omitted Vide Section 129 of the Finance Bill 2016
3. Substituted Vide Section 83 of the Finance Act 2018
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