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OFFICE OF THE
COMMISSIONER OF CUSTOMS, |
PUBLIC NOTICE NO.108/2001
Sub: Interest on warehoused goods to be paid after expiry of 30 days w.e.f. 01.06.2001.
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The attention of the Trading Public and CHA is drawn to Notification No.23/01-Cus (NT) dated 22.05.2001.
Section
61 Sub-section(2) Clause (ii) of the Customs Act has been amended by the
Finance Act 2001. The effect the
amendment is that interest is chargeable on goods warehoused on or after 1st
June 2001 if they remain in the warehouse beyond a period of 30 days.
JOSEPH DOMINIC
COMMISSIONER OF CUSTOMS (SEA PORT)
F.No.S4/688/2001 – Bonds
Custom House, Chennai.
Dt: 07.06.2001
// ATTESTED //
(V.V.
HARIHARAN)
ADDL
COMMISSIONER OF CUSTOMS (BONDS)