GSTnews item16 May 2016

Customs to affix one-time lock on goods reaching warehouse

News Update

Customs to affix one-time lock on goods reaching warehouse

Published Date: May 17, 2016
Source: ICAI PD Committee
A one-time-lock or bottle seal will be affixed on goods arriving at warehouse, said the Revenue Department as it tweaked norms for removal of goods from a customs station. "The regulations require that goods arriving at the warehouse from a customs station shall be affixed with a one-time-lock (bottle seal) with its serial number endorsed upon the bill of entry for warehousing and the transport document," said the Central Board of Excise and Customs (CBEC).
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