Warehouse recordkeeping must be maintained electronically and monthly returns filed within ten days of each month. Licensees must maintain immediately updated, accurate electronic records of receipt, handling, storage and removal of warehoused goods in Form A with an audit trail; file monthly paper returns in Form A within ten days after month end and Form B where warehousing periods expire, send acknowledgements upon receipt to originating customs or warehouse Bond officers, appoint authorised signatories with specimen signatures filed with the Bond Officer, provide necessary in warehouse facilities, and apply these electronic recordkeeping requirements to goods received on or after 14 May 2016.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Warehouse recordkeeping must be maintained electronically and monthly returns filed within ten days of each month.
Licensees must maintain immediately updated, accurate electronic records of receipt, handling, storage and removal of warehoused goods in Form A with an audit trail; file monthly paper returns in Form A within ten days after month end and Form B where warehousing periods expire, send acknowledgements upon receipt to originating customs or warehouse Bond officers, appoint authorised signatories with specimen signatures filed with the Bond Officer, provide necessary in warehouse facilities, and apply these electronic recordkeeping requirements to goods received on or after 14 May 2016.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
