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of <h1>Licensees Must Maintain Digital Records for Warehoused Goods per 2016 Regulations; Monthly Returns Required Using Forms A and B.</h1> The circular mandates that licensees maintain electronic records for the receipt, handling, storage, and removal of warehoused goods, as per the Warehouse (Custody and Handling of Goods) Regulations, 2016. Licensees must use Form-A for record-keeping and ensure data is updated and accessible for verification. Monthly returns must be filed with bond officers using Forms A and B, and acknowledgements of goods receipt must be sent to relevant authorities. Licensees can appoint authorized signatories and must provide necessary facilities like computers and scanners in warehouses. These requirements apply from May 14, 2016, without needing to convert previous manual records.
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