Procedure to be followed by existing licencees for application of New Warehousing Bond Licences under Section 57/Section 58/Section 58A of the Customs Act, 1962, pursuant to the enactment of the Finance Bill, 2016–reg.
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New warehousing bond licences required under revised customs provisions; existing licencees must submit prescribed documents to transition. Existing licencees must apply for new warehousing bond licences under Sections 57/58/58A by submitting the documents specified in Annexures A, B and C and following the procedures in the Public, Private and Special Warehouse Licensing Regulations and related custody, handling and removal regulations; submission is mandatory to enable transition to the new licence regime and a contact officer is provided for difficulties.
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New warehousing bond licences required under revised customs provisions; existing licencees must submit prescribed documents to transition.
Existing licencees must apply for new warehousing bond licences under Sections 57/58/58A by submitting the documents specified in Annexures A, B and C and following the procedures in the Public, Private and Special Warehouse Licensing Regulations and related custody, handling and removal regulations; submission is mandatory to enable transition to the new licence regime and a contact officer is provided for difficulties.
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