Page 103 - ELT_1st September 2020_Vol 373_Part 5

2020 ] NOTIFICATIONS N97

the import duty, interest, fine and penalties payable, if any, in respect of such
goods have been paid :
Provided further that the goods shall not be removed except in the pres-
ence of the bond officer.
(2) The licensee shall retain a copy of the bill of entry filed and take into
record the goods removed.
16. Removal of resultant goods for export. - (1) A licensee shall re-
move the resultant goods from the warehouse for export, upon, -
(i) filing a shipping bill or a bill of export, as the case may be; and
(ii) affixing a one-time-lock to the load compartment of the means of
transport in which such goods are removed from the warehouse :
Provided that the licensee shall cause the goods to be loaded onto a
means of transport and affix a one-time-lock to the means of transport in the
presence of the bond officer.
(2) The licensee shall take into record the goods removed.
17. Conditions for due arrival of goods. - The licensee of the goods
shall produce, -
(i) to the proper officer within one month of the order issued un-
der sub-section (1) of section 60 of the Act, an acknowledgement that the
goods have been deposited in the warehouse;
(ii) to the bond officer in charge of the warehouse, within one
month from the date of removal of the goods from the warehouse an
acknowledgement issued by the licensee of the warehouse to which the
goods have been removed, stating that the goods have arrived at that
place;
(iii) to the bond officer in charge of the warehouse, within one
month from the date of removal of the goods from the warehouse an
acknowledgement issued by the proper officer at the customs station of
export, stating that the goods have arrived at that place;
failing which, the owner of such goods shall pay the full amount of duty
chargeable on account of such goods together with interest, fine and
penalties payable under sub-section (1) of section 72.
18. Maintenance of records in relation to warehoused goods. - (1) A
licensee shall, -
(i) maintain detailed records of the receipt, handling, storing, and
removal of any goods into or from the warehouse, as the case may be,
and produce the same to the bond officer, as and when required;
(ii) keep a record of each activity, operation or action taken in rela-
tion to the warehoused goods;
(iii) keep a record of drawl of samples from the warehoused goods
under the Act or under any other law for the time being in force; and
(iv) keep copies of the bills of entry, transport documents, forms
for transfer of goods from a warehouse, shipping bills or bills of export
or any other documents evidencing the receipt or removal of goods into
or from the warehouse and copies of the bonds executed under section
59 of the Act.

EXCISE LAW TIMES  1st September 2020  103