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of <h1>Solvency Certificate Now Required for Private Warehouse Licensing Under 2016 Regulations; Exceptions Apply to Government Units and AEOs/ACPs.</h1> The notice outlines the requirement for a solvency certificate under the Private Warehouse Licensing Regulations 2016. Applicants must provide a solvency certificate from a scheduled bank, covering the maximum duty amount on goods stored in a private warehouse. Exceptions include Central or State Government undertakings and specific units like EoUs/EHTP/STPI, which follow different guidelines. AEOs/ACPs are governed by their respective circulars. The directive aims for uniformity in the licensing process and invites parties to report any implementation issues to the customs authority.
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