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Gopika Juneja, Lovely Professional University Unit 11: Warehousing and Duty Drawback

Unit 11: Warehousing and Duty Drawback Notes

CONTENTS
Objectives

Introduction

11.1 Appointment and Registration of Warehouses
11.2 Receipt of Goods at Warehouse
11.3 Special Provisions with Respect to Goods Processed and Manufactured in Refineries

11.4 Payment of Rent and Warehouse Dues

11.5 Place of Registration of Warehouse
11.6 Failure to Receive a Warehousing Certificate
11.7 Duty Drawback

11.8 How to Obtain Drawback?

11.9 Payment of Drawback Claims
11.10 Duty Drawback Under Section 19 BIS
11.11 Summary

11.12 Keywords

11.13 Review Questions
11.14 Further Readings

Objectives

After studying this unit, you should be able to:

 Know about Warehousing
 Understand about Duty Drawback
 Know about Registration of Warehouses

 Describe about Private Warehouse
Introduction

Warehousing provisions to apply only to goods specially notified in the Official Gazette. - The
provisions of this Chapter shall apply only to excisable goods to which they are extended by the
Central Government by notification in the Official Gazette, and the provisions relating to the
removal from one warehouse to another shall not apply to such goods:
Provided that the Central Government may by notification in the Official Gazette direct that the
provisions relating to the removal from one warehouse to another shall extend to such goods
subject to such limitations and conditions as may be specified therein.

LOVELY PROFESSIONAL UNIVERSITY 173