Private warehouse licence surrender requires cleared government dues, no warehoused goods, and no pending proceedings before cancellation. A private warehouse licensee may request surrender of the licence in writing. The competent customs authority may cancel it only after confirming payment ... Summary
Private warehouse licence surrender requires cleared government dues, no warehoused goods, and no pending proceedings before cancellation.
A private warehouse licensee may request surrender of the licence in writing. The competent customs authority may cancel it only after confirming payment of all dues to the Central Government, absence of warehoused goods from the request date, and absence of pending proceedings against the licensee under the applicable customs law framework.
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