# 70 Allowance in case of volatile goods
(1) When any warehoused goods to which this section applies are at the time of delivery from a warehouse found to be deficient in quantity on account of natural loss, the 1[Assistant Commissioner of Customs or Deputy Commissioner of Customs] may remit the duty on such deficiency.
(2) This section applies to such warehoused goods as the Central Government, having regard to the volatility of the goods and the manner of their storage, may, by notification in the Official Gazette, specify.
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1. Subs. by Act 27 of 1999, s. 100, for "Assistant Commissioner of Customs" (w.e.f. 11-5-1999)
WAREHOUSING
66
Power to exempt imported materials used in the manufacture of goods in warehouse67
Removal of goods from one warehouse to another68
Clearance of warehoused goods for home consumption69
Clearance of warehoused goods for export71
Goods not to be taken out of warehouse except as provided by this Act72
Goods improperly removed from warehouse, etc73
Cancellation and return of warehousing bond
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