Home
||
Export Import Policy & DGFT matters
|| Customs
matters || Central Excise matters ||
Shipping and Logistics Information
ieport.com - India's
Premier portal on EXIM matters
Circular
No. 1/96- Cus.
dated 1/1/96
F. No. 473/ 61/ 94-
LC
Government of India
Ministry of Finance
Department of Revenue,
New Delhi
Subject : Private Bonded
Warehouse - Availability of spare certificate from Public bonded Warehouse
not
required
I am directed to refer to the instructions issued by the Board vide letter
of even number dated 15th June, 1995 (Customs Circular No. 68/95) and to
say that a doubt has arisen whether a "no objection" is required from Public
Bonded Warehouse for availability of space there before granting licence
for Private Bonded Warehouse (in the same area where the Public Bonded
Warehouse exists) under section 58 of the Customs Act, 1962.
2. The
Board has examined the matter further and it is hereby clarified that there
is no precondition of obtaining a 'no objection' from the Public Bonded
Warehouse for considering the applications for licencing Private Bonded
Warehouse. Therefore, the application for private bonded warehouse licences
may be decided on merits without considering the aspect of availability
of space in the Public Bonded Warehouse. Please inform the field formation
accordingly under your jurisdiction.
Sd/-
(R. Chopra)
Under Secretary
to the Govt. of India