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Unit 11: Warehousing and Duty Drawback

Accountal of goods in a Warehouse Notes

The registered person of the warehouse shall maintain a register showing all entries in to and
removals of the goods from his warehouse and shall indicate the value, quantity of the goods
removed, their marks and numbers as well as the rate of duty and amount of duty involved. The
processes carried out on the warehoused goods, if any, shall also be recorded.
The first and last pages of the register should be pre-authenticated by the owner of the warehouse
or his authorised agent.

Responsibility of the Registered Person

The registered person of the warehouse shall be responsible for due reception of the goods in to
the warehouse and delivery therefrom including their safety during the period they are lodged
in the warehouse.
The registered person shall be responsible for the payment of penalty or interest leviable in
respect of the goods which are warehoused as per the provisions of the Central Excise Act, 1944
and the rules made thereunder.

Revoked or suspended Registration of a Warehouse

If the registration of a warehouse is revoked or suspended, the excisable goods lodged therein
shall either be cleared for home consumption on payment of duty or shall be removed to
another warehouse without payment of duty.

Warehouse to Store Goods belonging to the Registered Person

A warehouse shall be used solely for storing excisable goods belonging to the registered person
of the warehouse alone. He shall not admit or retain in the warehouse any excisable goods on
which duty has been paid.
The Commissioner of Central Excise having jurisdiction over the warehouse may permit storage
of excisable goods along with the excisable goods belonging to another manufacturer.
The Commissioner of Central Excise having jurisdiction over the warehouse may permit the
registered person of the warehouse to store duty paid excisable goods or duty paid imported
goods along with non-duty paid excisable goods in the warehouse.

Registered person right to deal with the warehoused goods

The owner of the warehouse may sort, separate, pack or repack the goods and make such
alterations therein as may be necessary for the preservation, sale or disposal thereof.

Task Describe about accountal goods in warehouse.

11.7 Duty Drawback

Drawback is the refund of Customs duties, certain Internal Revenue taxes, and certain fees that
have been paid to U.S. Customs at the time of importation. The refund is administered after the
exportation or destruction of either the imported/substituted product or article that has been
manufactured from the imported/substituted product. Drawback is recognized as the most

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