Customs warehouse operating eligibility requires licensing, digital stock accounts, bond execution, and disclosure of applicable input-output norms. Eligibility to operate manufacturing or other operations in a customs warehouse extends to an existing warehouse licensee and to an applicant seeking both ... Summary
Customs warehouse operating eligibility requires licensing, digital stock accounts, bond execution, and disclosure of applicable input-output norms.
Eligibility to operate manufacturing or other operations in a customs warehouse extends to an existing warehouse licensee and to an applicant seeking both a warehouse licence and operational permission. The application to the competent customs commissioner must include an undertaking to maintain and monthly submit digital accounts of goods received and removed, execute the prescribed bond, and provide required input-output norms for raw materials and final products, including revised norms where changes occur.
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