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of <h1>Customs Officers Can Require Bond for Warehouse Alterations Under New Regulation; Details on Compliance Obligations Included.</h1> The regulation mandates that the Assistant Commissioner or Deputy Commissioner of Customs can require an applicant to execute a bond if the warehouse premises are suitably altered and trade volume justifies it. The bond obligates the applicant to adhere to the regulations, maintain and present detailed accounts of goods used in manufacturing, provide customs officers with necessary access and office space, cover the costs of supervising officers, and comply with any additional conditions imposed by the customs authorities to ensure regulatory compliance.
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