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of <h1>New Circular: Digital Record-Keeping and Compliance for Special Warehouses and Duty-Free Shops under 2016 Licensing Regulations.</h1> The circular outlines procedures for managing Special Warehouses and Duty-Free Shops, emphasizing digital record-keeping and compliance with the Special Warehouse Licensing Regulations, 2016. Licensees must maintain electronic records of goods, file monthly returns, and ensure data accuracy. The circular specifies procedures for acknowledging receipt of goods, removal of goods without duty payment, and maintaining digital sales records. Security requirements are waived for certain operators, but a solvency certificate is needed. Costs of customs supervision are determined based on operational frequency and distance from customs offices. Administrative supervision is assigned to relevant commissioners, ensuring a smooth transition by August 2016.
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