|CHAPTER 1 - CUSTOMS AND EXCISE (1ST BOOKLET) CODE | HOME|
|58J. Provisions relating to goods in bonded factory.|
|Goods in Government warehouse liable to rent, etc.||Prohibited and restricted goods.|
|Provisions relating to goods in a bonded factory. 10 of 1990, s. 6.||58J. (1) Where goods are warehoused in a bonded factory the Commissioner may, subject to such conditions as he may impose, permit the name of the owner of the goods in the account taken under section 58G to be changed if application therefore is made in the prescribed form and signed by both the owner and the intended owner.
(2) Where goods warehoused in a bonded factory are to be removed to another bonded factory, then the proper officer shall -
(a) require the owner of the goods to deliver an entry thereof in such form and manner as the proper officer may direct;
(b) require the owner to give security in such amount, not being less than the duty chargeable on the goods, as the proper officer may think fit for the due arrival and re-warehousing of the goods within such time as the proper officer may consider appropriate; and
(c) transmit to the proper officer of the bonded factory where the goods are to be re-warehoused an account containing the particulars of the goods.
(3) Security given under subsection (2) shall not be discharged unless -
(a) the conditions attaching thereto have been satisfied;
(b) the full duty payable on the goods has been paid in accordance with this Act; or
(c) the goods are otherwise accounted for to the satisfaction of the proper officer, and any duties due in respect of any deficiency in the goods not so accounted for have been paid;
(d) on arrival of the goods at the other bonded factory, a particular account of the goods shall be taken in accordance with section 58G.