Bonded warehouse policy revised: state warehousing corporations may open public warehouses in underserved areas and private specialized warehouses permitted. State Warehousing Corporations may be appointed as public bonded warehouses in interior locations lacking Central Warehousing Corporation facilities without a no objection certificate, subject to approval by the jurisdictional Collector. Private bonded warehouse licences may be granted for goods requiring specialised storage when Central or State warehouses cannot provide such facilities; Collectors must forward such applications with recommendations to the Board for decision, and earlier instructions are modified accordingly.
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Bonded warehouse policy revised: state warehousing corporations may open public warehouses in underserved areas and private specialized warehouses permitted.
State Warehousing Corporations may be appointed as public bonded warehouses in interior locations lacking Central Warehousing Corporation facilities without a no objection certificate, subject to approval by the jurisdictional Collector. Private bonded warehouse licences may be granted for goods requiring specialised storage when Central or State warehouses cannot provide such facilities; Collectors must forward such applications with recommendations to the Board for decision, and earlier instructions are modified accordingly.
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