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Transportation of imported goods for re-warehousing - Insurance is compulsory

Circular No.72/1997-Cus.date 23/12/97


Subject: Transfer of imported goods for re-warehousing from major port to inland warehousing station - need for adequate security for customs duty - regarding

I am directed to refer to Board's Circular No. 41/97-CUS dated 19.9.97 (F.No. 473/31/97-LC) on the subject cited above and to inform that the said Circular may be treated as amended as follows:-

2. In line number 6 & 7 under para 1 of the aforesaid Circular letter :

For Read
"a transit Bond or "a transit Bond and
an insurance policy " an insurance policy"

3. The remaining contents of the aforesaid circular of 19.9.97 will remain unchanged.

Sd/-
(K.Chopra)
Under Secretary to the Govt. of India

F.No.471/41/97-LC

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