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TypeBare Act JurisdictionCentral Government

Customs Act, 1962 Section 73

Cancellation and Return of Warehousing Bond

~1 min read
https://sooperkanoon.com/act/44893

Bare act section · Research

About this section

Customs Act, 1962 Section 73 is part of Customs Act, 1962 - Cancellation and Return of Warehousing Bond. Read the section text below and explore Indian court judgments that cite it.

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Section Text

When the whole of the goods covered by any bond executed under1[ section 592[***]] have been cleared for home consumption or exported or are otherwise duly accounted for, and when all amounts due on account of such goods have been paid, the proper officer shall cancel the bond as discharged in full, and shall on demand deliver it, so cancelled, to the person who has executed or is entitled to receive it.

______________________

1. Substituted by Act 55 of 1991, section 9, for "section 59" (w.e.f. 23-12-1991).

2. The words, figures and letter "or section 59A" omitted by Act 32 of 1994, section 60 (w.e.f. 13-5-1994).

Frequently asked questions

What does Customs Act, 1962 Section 73 provide?

Section Section 73 of the Customs Act, 1962 (Cancellation and Return of Warehousing Bond) is reproduced on this page as part of the Customs Act, 1962. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Customs Act, 1962 Section 73?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Customs Act, 1962 Section 73. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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