Cancellation and return of warehousing bond
Section 73 of the Customs Act, 1962 deals with cancellation and return of warehousing bond. When the whole of the goods covered by any bond executed under [section 59 ] have been cleared for home consumption or exported or [transferred 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 discharg The Act came into force on 01 Feb 1963.
When the whole of the goods covered by any bond executed under 1[section 59 2***] have been cleared for home consumption or exported or 3[transferred 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.
Section 73, The Customs Act, 1962 (Act 52 of 1962).
Cross-references
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Questions about Section 73
What does Section 73 of the Customs Act deal with?
Section 73 of the Customs Act is headed "Cancellation and return of warehousing bond". When the whole of the goods covered by any bond executed under [section 59 ] have been cleared for home consumption or exported or [transferred 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 discharg
How do I find court cases under Section 73 of the Customs Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Customs Act 1962 73, section 73 Customs Act 1962, section 73 of the Customs Act. People searching for it also type customs act law no.73/2016. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 73 of the Customs Act, and has it changed?
Its own text turns on section 59 (Warehousing bond), so none of them can safely be read on its own.
When did Section 73 of the Customs Act come into force?
Section 73 of the Customs Act, cited as Customs Act 1962 73, came into force on 01 Feb 1963, having been enacted on 13 Dec 1962. It is in force as at the date shown on this page.
Other sections of this Act
- 28. Recovery of duties not levied or not paid or short-levied or short-paid or erroneously refunded2145 words
- 2. Definitions1638 words
- 129A. Appeals to the Appellate Tribunal1170 words
- 27. Claim for refund of duty1060 words
- 127C. Procedure on receipt of an application under section 127B1056 words
- 138C. Admissibility of micro films, facsimile copies of documents and computer print outs as documents and as evidence872 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.