The Bengal Bonded Warehouse Association Act, 1838

The Bengal Bonded Warehouse Association Act, 1838 was enacted to provide for the establishment and regulation of bonded warehouses in Bengal. The Act defines a bonded warehouse as a place where goods can be stored without payment of duties until they are withdrawn for home consumption or export. The Act specifies the conditions for establishing a bonded warehouse, including obtaining a license from the appropriate authorities and maintaining accurate records of all goods stored in the warehouse. It also outlines the rights and responsibilities of the warehouse owner and the customs authorities in relation to the storage and release of goods. Any person who contravenes the provisions of the Act is subject to penalties and fines.