| Date: |
22-05-2001
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| Notification No: |
CUSTOMS NOTIFICATION No 23/2001 (NT)
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| Issuing Authority: |
Indian Customs
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| Type: |
Non Tariff
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| File No: |
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| Subject: |
Notification No. 23 dated 22nd May 2001 (NT)
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Notification No. 23 dated 22nd May 2001 (NT)
In
exercise of the powers conferred by section 106 of the Finance Act, 2001 (14 of
2001), the Central Government hereby appoints the 1st day of June,
2001, for the purpose of that section.
Note:
Section 106 of the Finance Act 2001 seeks to amend sub-section (2) clause (ii)
of Section 61 of the Customs Act, 1962. The effect of the amendment is that
w.e.f. 1st June 2001 interest on warehoused goods will be charged
if the same remain in warehouse beyond a period of 30 days.
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