Warehouse recordkeeping requires retention, off-site digital backups and timely monthly reporting to the bond officer by licensees. Licensees must maintain comprehensive, up-to-date records of receipt, handling, storage, removal and related activities for warehoused goods, including sample drawal records and documentary evidence (bills of entry, transport and shipping documents, transfer forms, and bonds). These records must be preserved for at least five years from removal, made available for inspection by the bond officer or authorised officers, and backed up as updated digital copies at a location other than the warehouse. Licensees must file monthly returns within ten days after each month and notify the bond officer before the month in which the statutory warehousing period expires.
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Provisions expressly mentioned in the judgment/order text.
Warehouse recordkeeping requires retention, off-site digital backups and timely monthly reporting to the bond officer by licensees.
Licensees must maintain comprehensive, up-to-date records of receipt, handling, storage, removal and related activities for warehoused goods, including sample drawal records and documentary evidence (bills of entry, transport and shipping documents, transfer forms, and bonds). These records must be preserved for at least five years from removal, made available for inspection by the bond officer or authorised officers, and backed up as updated digital copies at a location other than the warehouse. Licensees must file monthly returns within ten days after each month and notify the bond officer before the month in which the statutory warehousing period expires.
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