Warehousing restrictions limit inland public bonded warehouse storage to industrial raw materials and components, subject to customs approval. Warehousing in inland public bonded warehouses is restricted principally to industrial raw materials and components; prior permissive circulars are withdrawn and Board instructions must be strictly followed. The Board will declare warehousing stations in consultation with the Collector, keep station numbers minimal to ensure customs expertise and equitable industrial access, appoint public warehouses (phasing out private licences), and limit the manufacture-in-bond facility in inland areas to predominantly export oriented industries with Board reference required. Customs staff for warehouses will be on a cost recovery basis.
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Provisions expressly mentioned in the judgment/order text.
Warehousing restrictions limit inland public bonded warehouse storage to industrial raw materials and components, subject to customs approval.
Warehousing in inland public bonded warehouses is restricted principally to industrial raw materials and components; prior permissive circulars are withdrawn and Board instructions must be strictly followed. The Board will declare warehousing stations in consultation with the Collector, keep station numbers minimal to ensure customs expertise and equitable industrial access, appoint public warehouses (phasing out private licences), and limit the manufacture-in-bond facility in inland areas to predominantly export oriented industries with Board reference required. Customs staff for warehouses will be on a cost recovery basis.
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