Customs - Guidelines on issuance of new Warehouse License, Custody and handling of warehoused goods, Removal of Warehoused Goods etc

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..... ited to the new warehouse licensing regulations, 2016. The Board has issued the following Notifications and Circulars for issuance of warehousing licenses, custody, handling and removal of warehouse goods. Sl.No Notification / Circular No Date Issue in brief 1 70/2016-Customs(NT), dated 14/05/2016 Public Warehouse Licensing Regulations, 2016 2 71/2016-Customs(NT), dated 14/05/2016 Private Warehouse Licensing Regulations, 2016 3 72/016-Customs (NT), dated 14/05/2016 Special Warehouse Licensing Regulations, 2016 .....

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..... s, dated 31/05/2016 Security under section 59(3) of the Customs Act, 1962 10 Circular No.22/2016- Customs, dated 31/05/2016 Procedure regarding filing ex-bond bill of entry 11 Circular No.23/2016- Customs, dated 01/06/2016 Manner of payment of interest on warehoused goods 12 Circular No.24/2016- Customs, dated 02/06/2016 Requirement of solvency certificate for private warehouse licenses 13 Circular No.25/2016- Customs, dated 08/06/2016 Maintenance of records in electronic form, filing of returns and acknowledgement of .....

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..... d transport document. The procedure prescribed under Board's Circular No.17/2016-Customs, dated 14/05/2016 shall be followed in this regard. 6. The warehouse licensees shall file monthly returns in relation to warehoused goods in Form-A and Form-B prescribed vide Board's Circular No.25/2016-Customs, dated 08/06/2016 to the Bond Officer within ten days after the close of the month to which such return relates. Hence all licensees are hereby directed to submit their monthly statements in the prescribed form within the stipulated time. 7. It is also observed that the applications for licensing of warehousing is being filed at eleventh hour without proper documents. The Board vide Circular No.26/2016-Customs, dated 09/06/2016 has .....

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