CBIC amends the class of goods to be deposited in special warehouses licensed under the Customs Act, 1962

The Central Board of Indirect Taxes and Customs (CBIC) on July 27, 2020 has issued a notification to amend the notification issued on May 14, 2016 vide Notification No. 66/2016- Customs (N.T.) which specifies the class of goods that shall be deposited in a special warehouse licensed under the Customs Act, 1962. 

• Clause (1) which specifies the class of goods has been substituted in the said notification which states, “gold, silver, other precious metals and articles thereof”. 

[Notification No. 61/2020- Customs (N.T.)]

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