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TMI BlogManufacture and Other Operations in Warehouse (no. 2) Regulations, 2019X X X X Extracts X X X X X X X X Extracts X X X X ..... ge of a warehouse; (iii) "Controller of Certifying Authorities" means the authority appointed under sub-section (1) of section 17 of the Information Technology Act, 2000 (21 of 2000); (iv) "Form" means the form appended to these regulations; (v) "section" means the section of the Act. (2) The words and expressions used herein and not defined in these regulations but defined in the Act shall have the same meanings respectively as assigned to them in the Act. 3. Scope. - These regulations shall apply to such units that operate under section 65 of the Act or to the units applying for permission to operate under section 65 of the Act. 4. Eligibility for application for operating under these regulations. - (1) The following persons shall be eligible to apply for operating under these regulations, - (i) a person who has been granted a licence for a warehouse under section 58 of the Act, in accordance with Private Warehouse Licensing Regulations, 2016. (ii) a person who applies for a licence for a warehouse under section 58 of the Act, along with permission for undertaking manufacturing or other operations in the warehouse under section 65 of the Act. (2) An application for opera ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent of the means of transport shall be securely sealed with a one-time-lock: Provided that the Principal Commissioner of Customs or Commissioner of Customs, as the case may be, may having regard to the nature of goods or manner of transport, permit transport of such goods without affixing the one-time-lock. (2) where the goods to be warehoused are removed, from the customs station of import to a warehouse, the one-time-lock as per sub-regulation (1) shall be affixed by the proper officer of customs. (3) where the warehoused goods are removed from one warehouse to another warehouse the one-time-lock as per sub-regulation (1) shall be affixed by the licencee. (4) where the warehoused goods are removed, from the warehouse to a customs station for export, the one-time-lock as per sub-regulation (1) shall be affixed by the licencee. 10. Receipt of goods from customs station. - (1) Upon receipt of goods at a warehouse from a customs station, the licensee shall, - (i) verify the one-time-lock affixed by the proper officer at the customs station on the load compartment of the means of transport carrying the goods to the warehouse; (ii) inform the bond officer immediately if the one- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... goods received. 13. Transfer of goods from a warehouse. - (1) A licensee shall allow transfer of warehoused goods to another warehouse or to a customs station for export, with due intimation to the bond officer on the Form for transfer of goods from a warehouse. (2) Upon intimation to the bond officer as sub-regulation (1), the licensee shall, - (i) allow removal of the goods and their loading onto the means of transport; (ii) affix a one-time-lock to the means of transport; (iii) endorse the number of the one-time-lock on the Form and retain a copy thereof; (iv) endorse the number of the one-time-lock on the transport document and retain a copy thereof; (v) take into record the removal of the goods; and (vi) cause to be delivered, copies of the retained documents to the bond officer. 14. Removal of resultant goods for home consumption. - (1) A licensee may remove the resultant goods from warehouse for home consumption: Provided that a bill of entry for home consumption has been filed in respect of the warehoused goods contained in so much of the resultant goods and the import duty, interest, fine and penalties payable, if any, in respect of such goods have been pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... val of goods into or from the warehouse and copies of the bonds executed under section 59. (2) The records and accounts required to be maintained under sub- regulation (1) shall be kept updated and accurate and preserved for a minimum period of five years from the date of removal of goods from the warehouse and shall be made available for inspection by the bond officer or any other officer authorised under the Act. (3) A licensee shall also preserve updated digital copies of the records specified under sub-regulation (1) at a place other than the warehouse to prevent loss of records due to natural calamities, fire, theft, skilful pilferage or computer malfunction. (4) A licensee shall file with the bond officer a monthly return of the receipt, storage, operations and removal of the goods in the warehouse, within ten days after the close of the month to which such return relates. 18. Audit. - The proper officer may conduct audit of a unit operating under section 65 in accordance with the provisions of the Act and the rules made thereunder. 19. Penalty. -If a person contravenes any of the provisions of these regulations, or abets such contravention or fails to comply with any of ..... X X X X Extracts X X X X X X X X Extracts X X X X
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