| Date: |
01-01-1996
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| Notification No: |
Customs Circular No 1/1996
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Private Bonded Warehouse - Availability of spare certificate from Public bonded Warehouse not required
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|
Private Bonded Warehouse - Availability of spare certificate from Public
bonded Warehouse not required
Circular No. 1 dated 1st
January 1996
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.
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