Monthly warehouse statements must be filed within the prescribed period or face adjudication under customs law. Licensees of Special, Public and Private Bonded Warehousing must maintain digital records pursuant to the Warehouse (Custody and Handling of Goods) Regulations, 2016 and submit the prescribed monthly statement of receipt, storage, operations and removal of warehoused goods to the bond officer within ten days after the close of the month; observed deviations from Para 2(a) of Circular No. 25/2016 will be subject to adjudication under the Customs Act, 1962.
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Provisions expressly mentioned in the judgment/order text.
Monthly warehouse statements must be filed within the prescribed period or face adjudication under customs law.
Licensees of Special, Public and Private Bonded Warehousing must maintain digital records pursuant to the Warehouse (Custody and Handling of Goods) Regulations, 2016 and submit the prescribed monthly statement of receipt, storage, operations and removal of warehoused goods to the bond officer within ten days after the close of the month; observed deviations from Para 2(a) of Circular No. 25/2016 will be subject to adjudication under the Customs Act, 1962.
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