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Section 75: Periods for which goods may remain in warehouse under bond

M and TP Excise Duties Rules 1956Union territory Rules of Delhi · 1955

Any goods warehoused may be left in the warehouse in whicgh they are deposited for a period of three years pr such extended period as the ExciseCommissioner in each case allow. The owner of any such goods remaining in the warehouse shall, before the epiry of the period mentioned above., clear the same for consumption in the State after payment of duty or for removal in bond to another bonded warehouse or for exportation.

Comment The rule fixes the period of three years innormal case for which goods may remain in warehouse.

Where this provision sits

ActM and TP Excise Duties Rules 1956
Section75
Marginal notePeriods for which goods may remain in warehouse under bond
JurisdictionUnion territory of Delhi
StatusIn force as published by the source

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