Warehouse - Law Dictionary Search Results
Home Dictionary Name: warehouse Page: 2 Page 2 of about 52 results ( seconds)Drawback
Drawback, 'drawback' means the repayment of duties or taxes previously charged on commodities, from which they are relived on exportation, State of Uttar Pradesh v. Delhi Cloth Mills, (1991) 1 SCC 454 (468).The term used in commerce to signify the remitting or paying back upon the exportation of a commodity of the duties previously paid on it.A drawback is a device resorted to for enabling a commodity affected by taxes to be exported and sold in the foreign market on the same terms as if it had not been taxed at all. It differs from a bounty in this, that the latter enables a commodity to be sold for less than its natural costs, whereas a drawback enables it to be sold exactly at its natural cost. Were it not for the system of drawbacks it would be impossible, unless when a country enjoyed some very peculiar facilities of production, to export any commodity that was more heavily taxed at home than abroad. But the drawback obviates this difficulty, and enables merchants to export commod...
Repositorium
Repositorium, a storehouse or place wherein things are kept; a warehouse, Cro. Car. 555....
House
House, means any hut, shop, warehouse, workshop, masonry or framed. [Manipur Municipalities Act, 1994 (43 of 1994), s. 2(22)]A home, dwelling, or residence, Black's Law Dictionary, 7th Edn., p. 743.The expression 'the house' will also include the land appurtenant thereto. Further, building includes the land on which it stands, unless by express stipulation. It is excluded, Jai Narain Parasrampuria v. Pushpa Devi Saraf, (2006) 7 SCC 756; T. Lakshmipathi v. P. Nithyananda Reddy, (2003) 5 SCC 150, see Aiyar P. Ramanatha: Advanced Law Lexicon, Vol. 2, 2005, Words and Phrases, Permanent Edn., Vol. 19A, Benedic v. Ocean Ins. Co., 31 NY 389 (394)....
Import
Import, in relation to any technology, means the bringing into India of, such technology from a place outside India. [Research and Development Cess Act, 1986, s. 2 (d)]Means bringing into any place within the territories to which this Act extends from a place outside those territories. [Insecticides Act, 1968 (46 of 1968), s. 3 (d)]Means bringing into India. [Aircraft Act, 1934 (22 of 1934), s. 2 (3)]Means to bring into India from a place outside India by land, sea or air. [Explosives Act, 1884 (4 of 1884), s. 4 (f)]With its grammatical variations and cognate expressions, means bringing into India from a place outside India. [Customs Act, 1962 (52 of 1962), s. 2 (23)]Means bringing into India from out of India, Gramophone Company of India Ltd. v. Birendra Bahadur Pandey, AIR 1984 SC 667: (1984) 2 SCR 664: (1984) 2 SCC 534. (Copyright Act, 1957, ss. 51, 53)In a sense, import may be said to be complete for certain purposes say, sales tax purposes on their clearance after assessment of du...
Marine insurance business
Marine insurance business, means the business of effecting contracts of insurance upon vessels of any description, including cargoes, freights and other interests which may be legally insured, in or in relation to such vessels, cargoes and freights, goods, wares, merchandise and property of whatever description insured for any transit by land or water, or both, and whether or not including warehouse risks or similar risks in addition or as incidental to such transit, and includes any other risks customarily included among the risks insured against in marine insurance policies. [Insurance Act, 1938 (4 of 1938), s. 2(13A)]...
Pawn or Pledge
Pawn or Pledge [fr. pignus, Lat.], a bailment of goods by a debtor to his creditor, to be kept till the debt is discharged.A mortgage of goods is in the Common Law distinguishable from a mere pledge or pawn. By a mortgage the whole legal title passes conditionally to the mortgagee; and if the goods be not redeemed at the stipulated time, the title becomes absolute at law although equity allows a redemption. But in a pledge, a special property only passes to the pledgee, the general property remaining in the pledgor. Also, in the case of a pledge, the right of a pledgee is not consummated, except by possession; and, ordinarily, when that possession is relinquished, the right of the pledgee is extinguished or waived. But, in the case of a mortgage of personal property the right of property passes by the conveyance to the mortgagee, and the possession is not or may not be essential to create or support the title.As to things which may be the subject of pawn: These are, ordinarily, goods a...
Wear and Tear, Reasonable
Wear and Tear, Reasonable, the waste of substance by the ordinary use of it. This expression commonly occurs in connection with leases, in which the lessee agrees to return the subject-matter of the lease at the end of the lease in the same state as it was at the beginning of it, 'reasonable wear and tear excepted'; as to the meaning of which, see Manchester Bonded Warehouse Co. v. Carr, (1880) 5 CPD at p. 513; Terrell v. Murray, (1901) 17 TLR 570; Miller v. Burt, (1918) 63 Sol Jo 117; Citron v. Cohen, (1920) 36 TLR 560; and cases under LANDLORD AND TENANT. As to the insertion of the exception in a lease made by a tenant for life, see Davies v. Davies, (1888) 38 Ch D 499....
Repository
Repository, means a place where something is deposited or stored, a warehouse or storehouse, Black's Law Dictionary, 7th Edn., p. 1303....
Smuggling
Smuggling, the offence of importing prohibited Articles, or of defrauding the revenue by the introduction of Articles into consumption without paying the duties chargeable upon them. It may be committed indifferently either upon the excise or customs revenue.The crime of importing or exporting illegal articles or articles on which duties have not been paid, Black's Law Dictionary, 7th Edn., p. 1394.Smuggling is restrained by the statutes relating to the Customs, and in particular by the Customs Consolidation Act, 1876.In relation to any goods, means any act or omission which will render such goods liable to confiscation under s. 111 or s. 113. [Customs Act, 1962 (52 of 1962), s. 2 (39)]The general concept of smuggling contains two elements: one, the bringing into India of goods the import of which is prohibited; and two, the bringing, into the country's trade stream, of goods the import of which is permitted without paying the customs duties with which they are chargeable. The second e...
Storage
Storage, is of large amplitude covering all kinds of storages maintained under different conditions for different purposes, Central Hindustan Orange and Cold Storage Co. Ltd. v. Prafulla Chandra Ramchandra Oza, AIR 1967 Bom 126: 1967 Bom LR 689: (1967) 1 LLJ 153: 1966 Mah LJ 1161.Storage, storage 'storing' has an element of con-tinuity as the purpose is to keep the commodity is store and retrieve it at some future date, even within a few days. If goods are kept or stocked in a warehouse, it can be immediately described as an act of 'storage'. A vehicle can also be used as a store house. But, whether in a particular case, a vehicle was used as a 'store' or whether a person had stored his merchandise in a vehicle would be a matter of fact in each case. Carrying goods in a vehicle cannot per se be 'storing' although it may be quite possible that a vehicle is used as a store, Bijoya Kumar Agaruala v. State of Orissa, AIR 1996 SC 2531 (2533): (1996) 5 SCC 1.The term 'storage' means storage ...
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