Amendment status not verified — confirm the current text below against the official source.
Stock ofgoods stored in u[disclosed warehouses - (1) Ifany regisiercd dealerhas not disclosed any warehouse in his arpplication or lor regist|etlon made under sub-section (2) ofsection 26orhas not lumished intbmation under section 88 regarding change ofhis warchouse or opening ofa new warchouse for irmendment ofhis cemificate of registration under sub-section (6) ol section 26 ard ilany stock of goods is found jn such waiehouse after search made under section 64 by authorised otlicer, it shall be prcsunEd that such dealerhas l-lallspolted soch goods ln contravention ofscction 60 and stored those goods in such warehouse, unlcss suchdealer_ (a) explains to the autho.ised officer who conducts such search, the reason tbr not disclosing the warehouse or furnishing the infomation under section 8 8 and the stock of goods found stored in such warchouse, and rbr produce.undcnandb)lheairlhor:sedollicerande\plcinsLhesloc\regisieror y account ofstock showingemy ofsuch goods in the purchasc billorcash memo orchailan. (2) Where the dealer pl ays for tir.le for the purpose of clause (b) of sub-seclion ( 1), the authorised officer may allow time to produce before him the document I efeffed lo in that clause, and shall meanwhile seal such warehouse up to the time allowed by hrm. 54