Guidelines on issuance of new Warehouse License, submission of the monthly statements of warehoused goods, and extension of validity of warehouse License
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Warehousing compliance: mandatory digital recordkeeping and timely submission of monthly statements, or licence extensions risk adjudication. Applicants for new or renewed warehouse licences must furnish all prescribed documents and implement IT enabled Systems with Audit Trail Feature as required by the Warehousing Regulations, 2016; licensees must maintain digital records and submit monthly statements of warehoused goods in the prescribed form within the prescribed time period, and must apply for licence extensions well before expiry or face adjudication proceedings under the Customs Act, 1962 for non compliance.
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.
Warehousing compliance: mandatory digital recordkeeping and timely submission of monthly statements, or licence extensions risk adjudication.
Applicants for new or renewed warehouse licences must furnish all prescribed documents and implement IT enabled Systems with Audit Trail Feature as required by the Warehousing Regulations, 2016; licensees must maintain digital records and submit monthly statements of warehoused goods in the prescribed form within the prescribed time period, and must apply for licence extensions well before expiry or face adjudication proceedings under the Customs Act, 1962 for non compliance.
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