Electronic records for warehoused goods required; monthly returns and acknowledgements ensure customs compliance and auditability. Licensees must maintain detailed records of receipt, handling, storage and removal of warehoused goods in the prescribed Form A and store the prescribed data electronically with immediate entry upon deposit or removal; software must provide an audit trail and records must be available for verification by the Bond Officer. Licensees shall file a monthly return in Form A within ten days after month end and, where warehousing is expiring, furnish required information in Form B before the preceding 10th; returns are submitted as paper copies. Acknowledgements on receipt and appointment of authorised signatories and basic facilities are required.
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Provisions expressly mentioned in the judgment/order text.
Electronic records for warehoused goods required; monthly returns and acknowledgements ensure customs compliance and auditability.
Licensees must maintain detailed records of receipt, handling, storage and removal of warehoused goods in the prescribed Form A and store the prescribed data electronically with immediate entry upon deposit or removal; software must provide an audit trail and records must be available for verification by the Bond Officer. Licensees shall file a monthly return in Form A within ten days after month end and, where warehousing is expiring, furnish required information in Form B before the preceding 10th; returns are submitted as paper copies. Acknowledgements on receipt and appointment of authorised signatories and basic facilities are required.
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