Imported Stores (Retention on Board) Regulations, 1963
Notification No. 57-Cus,dated 1st February,1963.
In exercise of the powers conferred by section 157 of the Customs Act, 1962 (52 of 1962), the Central Board of Revenue hereby makes the following regulations, namely:-
1. Short title.-
These regulations may be called the Imported Stores (Retention on Board) Regulations, 1963.
2. Consumable stores on board to be sealed.-
Any imported stores on board a vessel arriving from a foreign port or an aircraft arriving from a foreignairport may remain on board such vessel or aircraft without payment of import duty leviable thereon during the period such vessel or aircraft is not a foreign-going vessel or aircraft, subject to the condition that where such stores are consumable stores -